CEO BitMEX predicts $50 thousand bitcoin price by end of 2018
Arthur Hayes, Head of Bitmex crypto exchange, claimed that bitcoin has already sank to the bottom, so it will start growing and reach the price of $50 thousand by early 2019.
Hayes drew attention to the fact that only one positive decision from financial regulators could lead to a significant increase in the value of the cryptocurrency. He said that the mass of bitcoin trade on BitMEX has tripled since the beginning of the year, which indicates an increasing interest to crypto trades.
According to Hayes' forecast, the arrival of a large number of investors on crypto market will raise the price for bitcoin in the near future. During his speech on one of the US TV channels, the price of bitcoin increased from $ 5,800 to $ 6,400.
As previously reported, the company Coinbase confirmed the information about the beginning of the work of the crypto exchange Coinbase Pro.