Bitcoin dipping 20% would be “healthy,” but up to 40% is possible depending on liquidity conditions, the former BitMEX CEO now reveals.
Bitcoin (BTC) trading OG Arthur Hayes now predicts an up to 40% BTC price crash in March.
In a blog post on Jan. 4, the former CEO of crypto trading giant BitMEX warned readers of a week of turmoil due to hit financial markets.
Bitcoin bulls are feeling broadly confident this year as the United States’ first spot Bitcoin exchange-traded funds (ETFs) are slated to get regulatory approval.