Arthur Hayes, the CEO of cryptocurrency trading platform BitMEX, is back from his summer vacation with a bullish Bitcoin (BTC) price prediction.
Hayes took to Twitter on Tuesday to declare that Bitcoin will be “two-steppin’ straight to $20K,” while advising those planning to attend Invest Asia in Singapore next week to keep Wednesday night open in their schedules.
Did y’all miss me? I’m back from deepest darkest Peru, ready to cash checks. For those of you in Singapore next week for Invest Asia keep Wednesday night free. We will be two-steppin’ straight to $20k. pic.twitter.com/R0UYHinuHw
— Arthur Hayes (@CryptoHayes) September 3, 2019
While his latest call is fairly bullish, some recall that Hayes previously declared that the crypto winter wasn’t over yet just before Bitcoin took off on its parabolic rally.
Winter ain’t over yet. pic.twitter.com/t0bYQv570e
— Arthur Hayes (@CryptoHayes) February 28, 2019
Bitcoin is currently up 1.2% on the day to $10,502, giving the largest cryptocurrency a $188.12 billion market cap. Hayes’ latest price target would represent an increase of just over 90% based on the current price.
More: Arthur Hayes’ Bitcoin Tweet
Related: BitMEX’s Insurance Fund Now Has Over $200 Million in Bitcoin (BTC)
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.
