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Arthur Hayes: Bitcoin's Upside, Despite Current Dip

Published 3 weeks ago
Description

BitMEX co-founder Arthur Hayes is holding off on buying Bitcoin due to the US Federal Reserves tight monetary policy. He believes war tensions could push the Fed to print money, driving Bitcoin prices up. However, hes unsure if Bitcoin has hit bottom, warning ongoing conflicts could spark sell-offs and push prices below sixty thousand dollars. Despite recent setbacks, Hayes predicts Bitcoin will not stay under one hundred thousand dollars for long, eyeing a run to two hundred fifty thousand dollars within the next couple of years.

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