Arthur Hayes, the former CEO of BitMEX, offers a pessimistic outlook for Bitcoin and various altcoins. He predicts that Bitcoin could gradually fall to the $50,000 mark in the coming months.
Hayes attributes this potential decline to ongoing market uncertainties and the fact that interest rates remain steady. He believes that these factors might affect the market dynamics negatively.
His analyses and projections are closely followed, given his significant influence and reputation in the cryptocurrency industry.
