BitMex Co-Founder Predicts Bitcoin’s Local Bottom Is $30K, Earns Nickname ‘New Cramer’ (CORRECTED)
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Benzinga
Benzinga
Editor’s note: This article has been corrected to reflect that Arthur Hayes is the co-founder and former CEO of BitMex. BitMex co-founder and former CEO Arthur Hayes sees $40,000 as a difficult level for Bitcoin (CRYPTO: BTC) to maintain. Expect a local bottom between $30,000 and $35,000, Hayes predicts. What Happened: “I believe Bitcoin will dip before the BTFP renewal decision on March 12th. I didn’t expect it to happen so soon, but I think Bitcoin will find a local bottom between $30,000 and $35,000,” Hayes said in a new blog post. Technically, a 30% correction from the ETF approval high of…