Bitcoin And cryptocurrency He is frequently mentioned with his statements about the market. BitMEX co-founder and former CEO Arthur HayesA new post came from .
At this point, the famous CEO sharing from X account, He argued that Bitcoin would fall below $40,000.
Accordingly, Hayes said he purchased $35,000 in put options on March 29.
Additionally, Arthur Hayes stated that the decline in Bitcoin will continue until the US Treasury repays the monthly payments on January 31.
“BTC looks crazy heavy. I think we’ll go below $40,000.
I purchased $35,000 in put options on March 29th. I think we will make monthly repayments to the US Treasury on January 31st. And the decline may continue until this date.”
$BTC looks mad heavy. I think we break $40k. I went long some 29Mar $35k strike puts. I think we dump into the 31Jan US Treasury qtly refunding annc. Is Janet Yellen or Talkin’? pic.twitter.com/lyjqNmldzh
— Arthur Hayes (@CryptoHayes) January 22, 2024
In his previous statements, Hayes stated that he expected a short-term decline for Bitcoin, but that he expected a long-term rise in BTC and said, “The bull market is just getting started.” he said.
*This is not investment advice.
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