Arthur Hayes Shelves His Expectations for a Fall in Bitcoin: ATH is Coming!

Former BitMEX CEO Arthur Hayes abandoned the idea of ​​a short-term correction in Bitcoin (BTC) and pointed to a new high.

Arhur Hayes, who recently participated in Crypto Banter’s YouTube broadcast, made it clear that he has made obvious changes in his opinions about Bitcoin.

In his previous statement, Bitcoin will increase this year. for 35 thousand dollars Hayes, who expressed his bearish expectations by stating that he could make a correction, stated that he gave up this expectation. In his previous statement, Hayes not only stated this opinion but also Put option with a strike price of $35,000 He also announced that he received it.

However, in his statement in the current broadcast, he made it clear that this expectation was over. 2024 He stated that new peaks may come during the year. Hayes’ price prediction is 70 thousand dollars It was limited to:

I’m definitely bullish for the rest of the year. I think Bitcoin will reach its all-time high of $70,000 by the end of the year.

According to CoinGecko data, in the last 24 hours 0.2% Bitcoin, which is on the rise, at the time of writing from $48,260 is being traded.

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