BitMEX co-founder Arthur Hayes is doubling down on his massively bullish Bitcoin (BTC) predictions while forecasting that Ethereum (ETH) could hit a six-figure price.
Hayes says that the time to turn bullish on crypto is “now” while unveiling a target of $100,000 for Ethereum – an increase of about 4,669% from the current level.
The BitMEX founder also reiterates his prediction that Bitcoin will hit $1 million.
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In a new blog post, Hayes further says that as currencies debase across the globe, the “smartest trade” would be “going long crypto.” According to the BitMEX founder, Bitcoin and Ethereum are “crypto’s reserve assets” while “everything else is a sh*tcoin.”
Besides Bitcoin and Ethereum, Hayes says there are other opportunities that exist in the crypto space offering
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