BitMEX CEO Arthur Hayes in his last tweet crypto- He encouraged enthusiasts and emphasized that they should not miss the upward opportunities in the market. Hayes claims that the potential for coins to generate valuable returns exists even during downturns. did.
“Left Curve” is an essay on why you aren’t bullish enough about #crypto. It’s time to shut your eyes and BTFD!https://t.co/0pQyOjZhPS pic.twitter.com/r9QUiGYZTG
NEWS CONTINUES BELOW— Arthur Hayes (@CryptoHayes) April 23, 2024
Arthur Hayesstarted by highlighting the macroeconomic background regarding the long-term investment strategy. He highlighted the increase in liquidity caused by fiat monetary policies. He also noted that an increasing amount of traditional currency circulation is increasing the value of Bitcoin. He believes this trend will continue as government debt grows.
As we reported as Koinfinans.com, Hayes, the US tax payments on April 15 and the last Bitcoin halving He also touched upon important market events such as. Hayes predicts that the weakness seen in such periods is short-lived and the market will recover strongly.
Continuing in his analysis, Hayes emphasized the importance of the “Left Curve” strategy, which emphasizes investing and holding during bull markets rather than timing the market. Challenging traditional market thinking, he proposed embracing the entire current market cycle.
Considering that the prices of crypto assets like Solana increase significantly in bull markets, he encouraged adopting a “buy the dip” strategy to maximize profit potential during bull markets.
Hayes then claimed that major economic trends such as more money printing and potential government debt issues would ensure the continuation of the bull market for crypto assets, especially Bitcoin. He advised investors to stick to their strategies and take advantage of ongoing market trends.
Referring to Hayes’ prediction that Bitcoin will rise to $1 million, it was stated that the current Bitcoin price is $66,630.05 and there has been a slight decrease in the last 24 hours. It was also stated that the market value is 1.31 trillion dollars.
While the crypto narrative is intriguing, Hayes’ message serves as an important reminder for investors to seize the opportunities presented by current market conditions.
