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BREAKING: Arthur Hayes Suddenly Becomes Crypto Genius After Closing Short Position, Predicts $100k Bitcoin Rally in 5 Days Because He Said So

A  figure in a suit and tie stands confidently next to a graph showing an upward trend, while another character representing the economy is shown with a downward arrow pointing towards it. The background features swirling clouds of money.

Just when you thought Arthur Hayes had finally gone full retard by shorting Bitcoin and predicting a correction below $50k… he closes his position because, of course, who needs actual analysis or market insight in crypto? It’s all about the hot takes and getting on X before anyone else. And now we’re supposed to believe that Bitcoin is going to rally thanks to increased liquidity from the Fed? Please, it’s just more smoke and mirrors for the gullible idiots out there trying to get rich quick.

Source: cointelegraph

Arthur Hayes has closed his Bitcoin short position following initial concerns about a deep correction over the weekend. On Sept. 6, Hayes, the former CEO of the BitMEX cryptocurrency exchange, warned that Bitcoin (BTC) could correct below the $50,000 psychological mark this weekend as he opened a short position to capitalize on the downside. Easing investor concerns, Hayes announced the closure of his short Bitcoin position, expecting a potential Bitcoin […]

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