March banking crisis rerun risks 40% Bitcoin price crash — Arthur Hayes

Bitcoin dipping 20% would be “healthy,” but up to 40% is possible depending on liquidity conditions, the former BitMEX CEO now reveals.

Bitcoin (BTC) trading OG Arthur Hayes now predicts an up to 40% BTC price crash in March.

In a blog post on Jan. 4, the former CEO of crypto trading giant BitMEX warned readers of a week of turmoil due to hit financial markets.

Bitcoin bulls are feeling broadly confident this year as the United States’ first spot Bitcoin exchange-traded funds (ETFs) are slated to get regulatory approval.

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Source: https://cointelegraph.com/news/march-banking-crisis-rerun-risks-40-bitcoin-price-crash-arthur-hayes