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The co-founder of the crypto exchange platform BitMEX predicts Bitcoin (BTC) and Ethereum (ETH) will continue to fall in price in the wake of this week’s Terra (LUNA) collapse.
In a new blog post, Arthur Hayes says he’s gearing up to accumulate both crypto assets as he anticipates a drop to major cyclical lows.
According to Hayes, he’ll be a buyer of BTC at $20,000 and ETH at $1,300.
“These levels roughly correspond to the all-time highs of each asset during the 2017/18 bull market.”
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Show Notes / News Resources:
✔ Terra (LUNA) Death Spiral:
✔ Warren Buffett Invest In BTC & Crypto:
✔ BTC & ETH Will Outperform Stocks:
✔ Dramatic New Lows Prediction:
? DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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