Arthur Hayes Predicts Bitcoin Correction to $70,000 Amid Market Volatility
Arthur Hayes, the former CEO of BitMEX and a prominent cryptocurrency analyst, has forecasted a potential correction in Bitcoin’s price to approximately $70,000. Despite this anticipated downturn, Hayes remains optimistic about Bitcoin’s long-term prospects, suggesting that the cryptocurrency could eventually reach new record highs. Liquidity Concerns and Market Dynamics Hayes attributes the potential decline to…