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Arthur Hayes Predicts Bitcoin to Enter ‘Only Rise, No Fall’ Mode Amid Upcoming Market Policies

BTCBTC · Live data
$74,427 +0.06%
  • 24h Volume$14.47B
  • 24h Low / High$74,116 / $75,568
  • Long/Short3.35
  • Funding Rate+0.0055%

Data provided by COINOTAG DATA

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In a recent update, COINOTAG reported on April 11, highlighting the remarks by BitMEX Co-founder Arthur Hayes. He suggested that if the current market trends persist, we could see a series of new regulatory policies introduced over the upcoming weekend. Hayes specifically pointed out that Bitcoin might be on the verge of entering a phase characterized by consistent upward movement, potentially leading to a ‘only rise, no fall’ scenario. This statement adds to the ongoing discussions surrounding market dynamics and regulatory measures affecting cryptocurrencies. Investors are advised to closely monitor these developments as they could influence price volatility and strategic investment decisions in the cryptocurrency sector.

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