Summary
- Arthur Hayes, co-founder of BitMEX, stated that Bitcoin could adjust to as much as $70,000.
- Hayes predicts that with the resumption of quantitative easing, Bitcoin could rise to $250,000 by the end of this year.
- He mentioned the possibility of a small financial crisis, advising investors to be cautious.
An analysis has emerged suggesting that Bitcoin (BTC) could adjust to as much as $70,000.
Arthur Hayes, co-founder of BitMEX and Chief Investment Officer (CIO) of venture capital firm Maelstrom, stated on X on the 27th that "Bitcoin could adjust to $70,000 to $75,000." Hayes added, "(Afterwards) I foresee a small financial crisis and the resumption of quantitative easing, which could push Bitcoin to $250,000 by the end of this year."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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