Crypto Analyst Says Bitcoin Could Erupt 150% This Year And Shatter All-Time High
Portfolio Pulse from Bibhu Pattnaik
Crypto trader CrediBULL Crypto predicts that Bitcoin (BTC) could hit a new all-time high this year based on historical precedence. BitMEX founder Arthur Hayes believes the macro environment is starting to look favorable for Bitcoin, with potential financial disruptions providing a catalyst for an upside burst.
May 28, 2023 | 6:41 pm
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Bitcoin (BTC) could hit a new all-time high this year, according to crypto trader CrediBULL Crypto. BitMEX founder Arthur Hayes also sees a favorable macro environment for Bitcoin.
CrediBULL Crypto's prediction is based on historical precedence, while Arthur Hayes believes the macro environment is starting to look favorable for Bitcoin. If the U.S. government raises the debt limit and issues fresh liquidity, it could provide a catalyst for an upside burst in Bitcoin's price.
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