BitMEX Co-founder Believes BTC’s Price Will Soar Soon
Arthur Hayes recently tweeted that he believes BTC will soar to the moon soon. The BitMEX co-founder noted that BTC is not out of its bearish cycle yet. At press time, the leading crypto’s price was trading at $26,912.47 after gaining 4.42%. In a tweet published earlier today, Arthur Hayes, a co -founder of BitMEX, predicted that the price of Bitcoin (BTC) will soar soon. According to the post, BTC is not in a bullish cycle just yet, but is close to the end of the current bear cycle. This bullish outlook for BTC was accompanied by a 24-hour gain from the market leader. At press time, CoinMarketCap indicated that the leading crypto’s price stood at $26,912.47 after it climbed 4.42% in the last day. Despite this recent gain, BTC’s weekly performance remained in the red at -0.86%. The crypto had also made its way onto CoinMarketCap’s trending list, and occupied the number one position. This ranked it above Binance Coin (BNB) at the number two position as we...