Arthur Hayes: Bitcoin will test $ 10,000 this year

By xlubecx | free life | 24 Mar 2019


BitMEX co-founder and CEO Arthur Hayes said Bitcoin will try to get $ 10,000 this year. He said this in his bulletin, which he released on March 22nd.

"Raising the anchor will be very difficult in 2019, but the markets will return to around $ 10,000. There will be a very significant psychological barrier. $ 20,000 would mean the ultimate market recovery. But it took 11 months to get Bitcoin from $ 1,000 to $ 10,000, but less than a month before it got $ 10,000 to $ 20,000, and then back to $ 10,000, "Hayes suggested a possible scenario, recalling recent history. price movements of Bitcoin in 2017-2018.

However, Hayesa's price forecasts should be taken with caution. In May 2018, he said that Bitcoin would reach $ 50,000 by the end of the year (ultimately it was below $ 4,000). In November 2018 he heard that the bear market would last for a very long time in cryptocurrency - supposedly up to 18 months. It could only reach its peaks in 2020, when it could reach about $ 40,000.

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xlubecx
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