Summary
- Arthur Hayes stated that he expects Bitcoin to fall below $80,000 over the weekend.
- He predicted that Bitcoin could fall to as low as $70,000-$75,000.
- Bitcoin is currently trading at $82,372.01, down 2.66% from the previous day.
Analysis suggests that Bitcoin will significantly fall below $80,000 over the weekend.
On the 28th (local time), Arthur Hayes, co-founder of BitMEX, stated through his X account, "Bitcoin is currently in a downward wave and forming lower lows. Looking at the current price movement, it will fall significantly below $80,000 over the weekend and then move sideways for a while."
Previously, he had predicted that Bitcoin could fall to as low as $70,000-$75,000. Meanwhile, Bitcoin is currently trading at $82,372.01 on CoinMarketCap, down 2.66% from the previous day.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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