@EluguHcman. However, do not underestimate the man who is wrong many times before because if he is correct on 1 prediction out of 100. The 1 prediction that will be correct will be the big prediction and Arthur Hayes appear to have been correct in his market analysis recently.
You can read me again...
I reckon that after our favorite uncle Jim's declaration that the market will dump more, we are countertrading this uncle, and the declaration of our favorite NBA basketball player Arthur Hayes' declaration that bitcoin will pump to $250k, we are following this basketball player, this might be our warning signals that the pump might begin to occur.
Uncle 😁? Or our bitcointalk colleague? Because
I also rekon how much anticipated we have also made Bitcoin prediction price here that we would see $250K in this particular market cycle while some others has predicted $180K.
Already the current ATH of $109K in the beginning of the year has been so promising that the value can be doubled before the year runs out.
And my economy analysis
based on Mr Arthur Hayes view, there is a sighted signal that the stock will stumble like doomed to loosing more of it stock values and while there is going to be macroeconomic crisis, fiats and the regulatory stocks will fade out due economic entities strategic system.Mr Arthur Hayes was also right sighting that the Bitcoin correctional behaviour is part of the volatile market potential which is temporary.
That simply means Bitcoin is a valuable commodity that is fostered on potential increase on values while it also experiences bearish trends and price resistance therefore such market behaviour is also a good entry level for buyers to buyer at cheap price while the market revolves to the break the price resistance (price increase and new ATHs).
As you can see, we are all on the same lines on the $250K price speculations with Arthur Hayes which I have also merged my on analysis to that of him which in same vein, we are anticipating for the $250 together.
So, I never underestimated his predictions.
Besides... I am a core Bitcoin enthusiasts and I am holding part of my savings on Bitcoin for the sake of store of values so therefore, $250K is a less to be doubted because, the volatility values of Bitcoin is tangible enough to hit $1M in the future and I as a Bitcoin investor, I do not see anything bad about it if it finally comes to reality so, why should I underestimate or underrate one who is on the same positive journey with me?