Arthur Hayes Forsees Bitcoin Price Breaking the Current ATH i
Login

Arthur Hayes Foresees Bitcoin Price Breaking the Current ATH in 2024

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

According to the CEO of BitMEX, an impressive surge in the price of Bitcoin is looming. In his prediction, the price of Bitcoin has a high chance of breaking the current all-time high in 2024. While the market might not go beyond the $70000 price level this year, the presence of many investors is expected.

This prediction was deduced as a result of the continuous movement of exchanges from one country to another. And according to Arthur Hayes, the chief executive officer of BitMEX, this could foster an increase in awareness of Bitcoin and lead to its appreciation in the long run.

Key Bitcoin Levels to Watch – May 28

Arthur Hayes Forsees Bitcoin Price Breaking the Current ATH in 2024

BTCUSD began its uptrend after the breakout of the consolidation phase in December 2023. The price broke upward as the Bollinger Bands expanded to the upside. Following the rally into the overbought region, BTCUSD remains below the $31050.00 resistance.

According to the RSI (Relative Strength Index) indicator, the market is below the 50.0 level. Should the price sink downward to grab the SSL (Sellside Liquidity) below the $25810.00 low, a massive bullish trend might ensue.

BTC Key Levels

Resistance Levels: $31050.00, $37400.00, $48240.00
Support Levels: $25290.00, $19570.00, $15460.00

Total Market Capitalization: $1.12T
Bitcoin Market Capitalization: $521.20B
Bitcoin Volume: $8.40B
Market Rank: #1

You can purchase Lucky Block here.  Buy LBLOCK

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News