Bitcoin And to altcoins Known for his assertive statements and claims about BitMEX former CEO Arthur HayesNew statements came from before the halving.
Speaking at the Token 2049 conference in Dubai Arthur Hayes claimed that Bitcoin will continue its rise this year and next year.
Arguing that Bitcoin will not stop at $ 100,000 in its upward cycle and will continue its rise, the famous name listed the reasons behind the rise.
At this point, Hayes stated that real returns in the USA will continue to be negative and that if this trend continues, Bitcoin and other of cryptocurrencies He said its value will continue to increase.
However, stating that there is a possibility that the opposite may happen, Hayes warned investors about this and also stated that there is little chance of real returns going positive in the near future.
The famous name accepts the historical position of gold and its permanent place in portfolios, but when compared to Bitcoin BTCHe said it has more advantages than gold.
“While BTC is digital, gold is difficult to transport, especially physically in large quantities. History has seen numerous examples of governments seizing gold assets, but this cannot happen to Bitcoin, which exists in the digital world.
I think US monetary policy will remain the same. Considering this prediction, I believe that people should turn to Bitcoin and not consider the gains in recent months sufficient and walk away. They should not leave the market just because their positions have increased by 200% in the last few months.
Because the price of BTC will continue to increase and BTC will not stop at 100 thousand dollars.”
*This is not investment advice.
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