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CryptoSlate has just received a bombshell prediction from none other than former BitMEX CEO Arthur Hayes, who is positioning himself for a potential market slump. In an unexpected twist, Hayes has gone on record stating that he believes Bitcoin could potentially plummet below $100,000 in the aftermath of the recent Non-Farm Payrolls (NFP) jobs report.
As the cryptocurrency market continues to grapple with uncertainty following yesterday’s underwhelming NFP data, Hayes is warning of a short-term downturn. Notwithstanding his long-standing bullish stance on the cryptocurrency’s macro potential, the former CEO has chosen to liquidate 2,373 ETH ($8.32 million), 7.76 million ENA ($4.62 million), and 38.86 billion PEPE ($414,700) amidst growing market turbulence.
The crypto community is divided regarding Hayes’ assessment of the current situation, with some critics pointing out that he recently advocated for an ETH price of $10,000. This criticism notwithstanding, Hayes has a track record of successfully predicting major price movements in the past.
Source: cryptoslate.com
