BitMEX co-founder Arthur Hayes tweeted a prediction that Bit could experience a significant correction in the short term, with the price potentially dropping from the current level to $70,000 to $75,000, which could trigger a small financial crisis. As global central banks resume quantitative easing policies, market liquidity will be re-injected, and Bit is expected to restart its upward trend, soaring to $250,000 before the end of the year.
Arthur Hayes: Bitcoin is expected to fall back to $70,000 to $75,000 and rise to $250,000 by the end of the year
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Bit must be translated into Bit, AR must be translated into AR, and BitMEX must be translated into BitMEX.
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