The pioneer cryptocurrency, Bitcoin, has been experiencing fluctuations and volatility over the past few weeks amidst anticipations of the upcoming Bitcoin halving. BitMEX co-founder Arthur Hayes, in a recent blog post titled “Heatwave,” predicted that Bitcoin will plummet before and after the halving event.
Though Bitcoin experienced a bullish rally following the Spot Bitcoin ETF launch in January 2024, surging past its previous all-time high of $69k and setting a new all-time high of $73,700, it plummeted to $65k at the onset of April. While analysts share different perspectives on Bitcoin’s trajectory concerning the halving event, Hayes believes…
The post Will BTC Dip Before and After Halving? BitMEX Co-Founder Narrates appeared first on Coin Edition.
The pioneer cryptocurrency, Bitcoin, has been experiencing fluctuations and volatility over the past few weeks amidst anticipations of the upcoming Bitcoin halving. BitMEX co-founder Arthur Hayes, in a recent blog post titled “Heatwave,” predicted that Bitcoin will plummet before and after the halving event.
Though Bitcoin experienced a bullish rally following the Spot Bitcoin ETF launch in January 2024, surging past its previous all-time high of $69k and setting a new all-time high of $73,700, it plummeted to $65k at the onset of April. While analysts share different perspectives on Bitcoin’s trajectory concerning the halving event, Hayes believes…
The post Will BTC Dip Before and After Halving? BitMEX Co-Founder Narrates appeared first on Coin Edition.