Bitcoin (BTC) Is On The Right Track To Hit $100,000, Arthur Hayes, BitMEX CEO, Stated

Recently, Arthur Hayes, the CEO of BitMEX (Bitcoin Mercantile Exchange), stated that Bitcoin (BTC) might reach $20,000 soon, thanks to the lack of liquidity that affects the USA. Now, at a recent conference, Arthur Hayes stated that Bitcoin (BTC) is on the right track to hit $100,000 by 2023.

Arthur Hayes participated at the Milken Institute Asia Summit in Singapore. He said that “some of the practices in our market are going to be mimicked in traditional trading. All these things are going to seep into the traditional way stocks, bonds, and FX are traded.”

Arthur Hayes, BitMEX CEO, Believes That Bitcoin (BTC) Is On The Right Track To Hit $100,000

“All these things about being somewhere and trading something and physically reconciling records are all going to go out the window. Once you get away from that and understand that everything will be digital in the next ten years, you realize” that Bitcoin (BTC) will have a bright future.

In a recent interview, Arthur Hayes explained that Bitcoin (BTC) would reach $20,000 next year, in 2020, on the back of the lack of liquidity that increased in the United States. Now, the BitMEX CEO, at the Milken Institute Asia Summit in Singapore, said that the BTC will hit $100,000 level in three years, by 2023.

At the moment, Bitcoin (BTC) trades at $10,037 after it dropped by 0.23 percent in the last 24 hours. The market is bearish this weekend, but the sentiment is not bearish in the long term, for the moment.

Arthur Hayes Also Debated The Identity Of Satoshi Satoshi Nakamoto

At the recent conference in Singapore, Arthur Hayes also talked about  Satoshi Nakamoto, the alleged name of the creator of Bitcoin (BTC). At the moment, nobody knows who is Satoshi Nakamoto or if he is a real person, a group of devs, a company, or so on.

Arthur Hayes said that his, her, or their identity will remain unknown. “I think they’re already dead,” the BitMEX CEO stated.


Posted

in

,

by

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *