BitMEX CEO still calling for $50,000 BTC

  • June 30, 2018
  • 4:30 pm ET

Despite BTC being down by about 60% for the year, Arthur Hayes, CEO of popular exchange BitMEX, is sticking by his $50,000 Bitcoin forecast for 2018. So far this year BitMEX has already seen triple the volume they saw last year and sees regular major volume spikes when Bitcoin makes major moves in either direction.…

Tweet this

Despite BTC being down by about 60% for the year, Arthur Hayes, CEO of popular exchange BitMEX, is sticking by his $50,000 Bitcoin forecast for 2018. So far this year BitMEX has already seen triple the volume they saw last year and sees regular major volume spikes when Bitcoin makes major moves in either direction. Hayes believes the bearish Bitcoin trend will soon reverse based on only one or two catalysts, one being an Exchange-Traded Fund (ETF) approved by the SEC.


Via CNBC

BitMEX CEO still calling for $50,000 BTC
CoinAgenda Caribbean Returns to Puerto Rico for its Third Year, Featuring Special Sections on Security Tokens, IEOs, NFTs, Exchange Innovations, Digital Currency Funds and Private Equity in Blockchain
Rocketpool developer releases extensive overview of Ethereum 2.0 roadmap
Gemini now offering digital asset insurance for customer funds
Diamond Reserve Club Hero Image
Judge rules ICOs could be subject to securities law
Abby johnson Fidelity Boston conference
Fidelity CEO Johnson drops clues about pending crypto products
VeChain Foundation Header Image
VeChainThor Mobile Wallet available now
Notice: Undefined index: refuse_opt in /var/www/vhosts/maxcryptonews.com/wp-content/plugins/cookie-notice/cookie-notice.php on line 930 Notice: Undefined index: refuse_opt in /var/www/vhosts/maxcryptonews.com/wp-content/plugins/cookie-notice/cookie-notice.php on line 933