Arthur Hayes Warned Bitcoin (BTC) Investors About This Level! He Revealed When He Will Invest Again!

Bitcoin (BTC) started the week on a high note as the war between the US and Iran, which has been ongoing for weeks, continues.

Bitcoin surged more than 3% to over $69,000, prompting a new warning from Arthur Hayes, the co-founder of BitMEX, known for his bold statements.

According to Forbes, Arthur Hayes warned that Bitcoin could fall below $60,000 in the short term if the geopolitical conflict between the US and Iran continues.

Hayes also suggested that the escalating conflict between the US and Iran could trigger a short-term sell-off, potentially pushing BTC below $60,000 in the short term.

However, he stated that his long-term forecast remains unchanged and he predicts that BTC will eventually rise to between $250,000 and $750,000 within the current cycle.

Hayes stated that there is a possibility of a decline in the short term, adding that unless the Fed increases liquidity, he will not invest more in BTC at its current price.

*This is not investment advice.

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