Arthur Hayes, the co-founder of BitMEX, recently shared a pessimistic view on the immediate future of the Bitcoin price. In a post on his X profile, Hayes revealed his market strategy and stated, “BTC is heavy, I’m gunning for sub $50k this weekend. I took a cheeky short. Pray for my soul, for I am
Bitcoin
As summer began in June, the Bitcoin price experienced a significant decline, following the historical trend of bearish summers for the cryptocurrency. The price of Bitcoin plummeted from over $70,000 to below $50,000, with multiple flash crashes adding to the downward spiral. Crypto analyst Crypto Jelle has pointed out similarities between the summer of 2023
The latest trading trends of Bitcoin have been marked by a significant drop from $59,076 to $57,127 during the early Asian trading session. This decline in price has once again highlighted the challenges faced by Bitcoin in creating a bullish reversal. The looming threat of a US recession has added to the uncertainty in the
The recent price volatility of Bitcoin, which included a dip below $50,000 last month, has caused a significant slowdown in the expected bull run by many analysts. Despite this period of price stagnation, some crypto analysts remain optimistic about the future of Bitcoin, predicting a sharp rise to over $100,000 once the current corrections stabilize.
In recent times, Bitcoin has not been living up to the expectations of many investors. The cryptocurrency has experienced severe declines, with its price dropping below the $60,000 mark. This downward trend has raised concerns among experts, including one crypto analyst who has warned of a potential crash to below $40,000. The market has been
Semilore Faleti is a prominent figure in the world of cryptocurrency journalism, known for his expertise in writing and content creation. With a focus on blockchains and digital assets, Semilore has made significant contributions to the field through his insightful analysis and informative articles. His dedication to demystifying the complexities of cryptocurrency and advocating for
Opeyemi is a dedicated individual with a passion for the cryptocurrency industry. Despite not initially considering this field, he has wholeheartedly embraced it for over two years. His commitment to unraveling the complexities of blockchain technology and sharing insights on cryptocurrency trends is truly admirable. The Crypto Passion Opeyemi’s fascination with the crypto market is
Opeyemi’s journey in the cryptocurrency realm started unexpectedly, as it was not his initial career choice. However, after immersing himself in the digital asset industry for over two years, he has become deeply fascinated by its complexities. Unlike many others who simply skim through price charts, Opeyemi delves deeper into on-chain movements and blockchain activities
Semilore Faleti is a cryptocurrency writer with a unique specialization in the world of journalism and content creation. Unlike many others in the field, Semilore has a particular knack for unraveling the complexities and intricacies of blockchains and cryptocurrency. He is intrigued by the efficiency of digital assets in terms of storing and transferring value,
Many cryptocurrency traders are constantly trying to time the market to find the perfect moment to buy Bitcoin. This pursuit has led to the use of various indicators by crypto analysts in an attempt to predict when the best time to buy Bitcoin would be. Despite Bitcoin reaching new all-time highs earlier this year, crypto
