Bitcoin's Price Expected to Surge Back to $70,000 Range, According to BitMEX Co-founder Hayes

Friday, 3 May 2024, 10:22

Bitcoin's price dropped below $57,000 but Arthur Hayes foresees a rally towards $70,000 due to 'stealth money printing.' This prediction comes amid volatile cryptocurrency market conditions, offering a potential bullish outlook for investors in the near future.
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Bitcoin's Price Expected to Surge Back to $70,000 Range, According to BitMEX Co-founder Hayes

Bitcoin Price Forecast:

BitMEX co-founder Arthur Hayes has shared insights on Bitcoin's potential rally towards $70,000 despite recent price dips.

Key Points:

  • Expectations: Bitcoin to reach $60,000 to $70,000 range
  • Arthur Hayes: Projects a bullish outlook amidst volatile market conditions

This forecast aligns with Hayes's views on 'stealth money printing' influencing Bitcoin's value and market fluctuations.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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