Bitcoin (BTC) saw a significant drop below $54,000 last week, attributed to a weak August jobs report. Despite this, the cryptocurrency is currently in recovery mode. Arthur Hayes, the co-founder of the BitMEX crypto exchange, has predicted that Bitcoin might rise this week.
In light of the anticipated rise, Hayes suggests that investing in ETFSwap (ETFS) during its ongoing presale could be a strategic move to capitalize on the potential BTC rally.
The information was reported by Blockonomi, highlighting the predictions and recommendations made by Hayes regarding positioning for the Bitcoin rally.
