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Bitcoin Price Prediction From Arthur Hayes

  • Former BitMEX CEO, Arthur Hayes, predicts a dramatic rally for Bitcoin despite recent market turbulence.
  • Hayes believes Bitcoin is undervalued and will experience a steady upward trajectory due to increasing monetary supply and growing demand.
  • He suggests that Bitcoin could hit a numerically interesting number such as $666,000 or $500,000, but major milestones may signal the peak of this market cycle.
  • Hayes highlights the evolving influence of the Bitcoin halving and the growing institutional support as factors behind his bullish outlook on Bitcoin.

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