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Bitcoin Price Hasn’t Bottomed Yet, According…

“Despite the substantial price increase, Arthur Hayes, CEO of cryptocurrency exchange BitMEX, holds that we have yet to see a serious decline” reports According to Arthur Hayes, however, we haven’t seen the worst Bitcoin price yet.Speaking to CNBC’s Fast Money Thursday, July 19th, he noted: Hinting that Bitcoin hasn’t bottomed yet, Hayes also said that the first and foremost cryptocurrency could increase in price before falling again.Bitcoin (BTC) recently gained over $700 in less than 45 minutes, marking an increase of upwards of 10 percent.Silbert said at the Delivering Alpha Conference: Silbert also outlined that major bullish signals can be identified in the behavior of Bitcoin’s price, stating: Do you think Bitcoin price has seen its bottom for the year or is the worst yet to come?.

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