BitMEX CEO Arthur Hayes: Bitcoin Bear Market Could Last 18 Months
![SEC](https://bitpr.info/wp-content/uploads/2018/09/SEC-1024x597.jpg)
The CEO of the world’s largest bitcoin derivatives trading platform believes the current crypto bear market could last a further 18 months. Bitcoin (BTC-GBP) surged to a high of over $20,000 (£15,676) in December last year but crashed at the start of 2018 and has traded in a tight range close to $6,300 for the […]
Bitcoin in December: $30,000
![shutterstock_70837895](https://bitpr.info/wp-content/uploads/2018/08/shutterstock_70837895-1024x640.jpg)
Yesterday, Fundstrat’s Tom Lee has reaffirmed his $30,000 Bitcoin price target by December. But, other permabulls are not as optimistic as Lee about the short-term trend of Bitcoin. In May, BitMEX CEO Arthur Hayes stated that he would like to see the BTC price fall to the $5,000 region before recovering and initiating a 2017-esqe […]