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BitMEX CEO Doubles Down on $50,000 Bitcoin (BTC) Price Target

From sludgefeed.com

Arthur Hayes, the CEO of cryptocurrency trading platform BitMEX, recently shared that he sees Bitcoin eventually working its way up to $50,000 — with $10,000 still his current target for the end of 2019.In an interview with Venture Coinist, Hayes broke down his thesis that the current global shift back toward quantitative easing will help drive capital into riskier assets, including cryptocurrencies.Based on this pattern, Hayes states that he sees Bitcoin (BTC) hitting $10,000 in 2019, echoing the prediction he made in a blog post last month. “The 2019 chop will be intense, but the markets will claw back to $10,000,” ... (full story)

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