Bitcoin ‘two steps’ to $20,000: Predicts BitMEX CEO Arthur Hayes

  • BitMEX’s Arthur Hayes is now more bullish than ever on Bitcoin.
  • Experts like Anthony Pompliano believe that Bitcoin’s bandwagon is $55,000 –bound.

After spending some time in Peru, the Chief Executive Officer of BitMEX Arthur Hayes is now more bullish than ever on Bitcoin. Hayes predicts that Bitcoin is on its way to increasing two-fold and stepping above the coveted $20,000 level.

“I’m back from deepest darkest Peru, ready to cash checks. For those of you in Singapore next week for Invest Asia keep Wednesday night free. We will be two-steppin’ straight to $20k,” Hayes said via a tweet on September 3.

There has been numerous prediction regarding Bitcoin performance by the end of 2019 and throughout 2020. Experts like Anthony Pompliano believe that Bitcoin’s bandwagon is $55,000 –bound. His prediction takes into account the mining reward halving effect expected after May 2020.

At the moment, Bitcoin is holding ground above $10,500 although it opened the session on Wednesday at $10,624.85. The current trend is negative with Bitcoin having a relative change of -87 on the day.  

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.