{"id":14334,"date":"2018-06-30T03:21:37","date_gmt":"2018-06-30T02:21:37","guid":{"rendered":"https:\/\/ethereumworldnews.com\/?p=14334"},"modified":"2018-06-30T03:21:37","modified_gmt":"2018-06-30T02:21:37","slug":"50k-bitcoin-btc-arthur-hayes-prediction","status":"publish","type":"post","link":"https:\/\/ethereumworldnews.com\/50k-bitcoin-btc-arthur-hayes-prediction\/","title":{"rendered":"BitMEX’s Arthur Hayes Predicts Bitcoin (BTC) At 50k USD By The End Of 2018"},"content":{"rendered":"
Bitcoin at 50k: That is the prediction sustained by Arthur Hayes, CEO of BitMEX. He maintains his way of thinking despite the recent bearish trend that many have categorized as a “bloodbath.”<\/p>\n
For the well-known businessman, owner of the largest crypto trading platform by volume, the idea of reaching a value of 50k is not an exaggerated or impossible prediction. In an interview for CNBC, Hayes explained to Melissa Lee that a 50k price is as normal for Bitcoin as a 6k value:<\/p>\n
I think something that can go up to 20k in one year can have a correction down to about 6k. I think it definitely found a bottom … but with one positive regulatory decision away, to climb to 20k or even 50k by the end of the year.<\/p>\n