New statements came before the halving from BitMEX former CEO Arthur Hayes, known for his assertive statements and claims about Bitcoin and altcoins.
Speaking at the Token 2049 conference in Dubai, Arthur Hayes claimed that Bitcoin will continue its rise this year and next year.
Arguing that Bitcoin will not stop at $ 100,000 in its upward cycle and will continue its rise, the famous name listed the reasons behind the rise.
Stating that real returns will continue to be negative in the USA at this point, Hayes said that if this trend continues, the value of Bitcoin and other cryptocurrencies will continue to increase.
However, stating that there is a possibility that the opposite may happen, Hayes warned investors on this issue and also stated that there is little chance of real returns going positive in the near future.
The famous name said that he accepted the historical position of gold and its permanent place in portfolios, but compared to Bitcoin, BTC has more advantages than gold.
“While BTC is digital, gold is difficult to move, especially physically in large quantities. History has seen numerous examples of governments seizing gold assets, but this cannot happen to Bitcoin, which exists in the digital world.
I think US monetary policy will remain the same. Considering this prediction, I believe that people should turn to Bitcoin and not consider the gains in recent months sufficient and walk away. They should not leave the market just because their positions have increased by 200% in the last few months.
Because the price of BTC will continue to increase and BTC will not stop at 100 thousand dollars.”
*This is not investment advice.