Arthur Hayes Forecasts a 30% Short-Term Decline in Bitcoin’s Price

Prominent crypto trader Arthur Hayes looks at the falling price of Bitcoin (BTC) following the launch of the Bitcoin exchange-traded fund (ETF) only two weeks ago, as a “cautionary sign.” He highlights the correlation between Bitcoin reaching its recent peak and the 2-year US treasury hitting a local low of 4.14% this month, which is currently showing a gradual increase. Arthur... source: https://beincrypto.com/arthur-hayes-bitcoin-price-prediction/