Arthur Hayes, who expected a decline in Bitcoin in the short term, changed his mind! He Shared His New Predictions!

Bitcoin And cryptocurrency Standing out with his market analysis BitMEX former CEO Arthur HayesNew Bitcoin statements came from.

Hayes stated that in his previous predictions, he expected Bitcoin to fall sharply to $ 35,000. BTCHe argued that he misled him and that he was expecting ATH this year.

At this point, the famous CEO, who had a recent interview with Crypto Banter, stated that he does not expect a decline in Bitcoin in the short term.

Hayes, in his interview He said that BTC will make a new ATH by the end of 2024 and that he does not expect any significant correction for now.

“I absolutely believe Bitcoin will rise for the rest of 2024. I think Bitcoin will reach its all-time high of $70,000 by the end of the year.

The reason why I expected a decline in the short term was that I was expecting a banking crisis like last year.

Because when the banking crisis occurred last March, Bitcoin fell first. I expected the same thing to happen again, but it didn’t.

BTC dropped to $38,000, but not as far as I expected. That’s why I will close the positions I opened.”

Finally, Hayes said that he still thinks that a banking crisis may occur and that the central bank will print money to create large amounts of liquidity in the markets to save the economy and this will increase Bitcoin.

*This is not investment advice.