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.…

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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

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