- According to Kyle du Plessis, investors are looking at altcoins that would benefit from the expected BTC rally.
- Arthur Hayes, former BitMEX CEO, projected a $1 million valuation for Bitcoin.
- According to Hayes, Bitcoin could trade between $750,000 and $1 million by 2026.
According to Kyle du Plessis, a famous crypto analyst, many top investors are already looking at altcoins that would benefit from the expected Bitcoin rally. Plessis made the statement in response to a recent prediction by Arthur Hayes, former BitMEX CEO, projecting a $1 million valuation for Bitcoin.
According to Hayes, Bitcoin could trade between $750,000 and $1 million by 2026. Hayes predicted this during a recent interview, citing several factors to support his view.
Crypto Insiders Are Positioning For Something BIG With These Altcoins! https://t.co/EF31AMxvES— Kyledoops (@kyledoops) October 6, 2023
According to Hayes, a potential financial crisis and the upcoming Bitcoin halving are two crucial events that could lead to a skyrocketing Bitcoin price. He also forecasted that the Bitcoin price would return to the $70,000 level in 2024.
Hayes included the potential introduction of…
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