Hayes dey beg Bitcoin holders make dem put long-term growth before quick profits
BitMEX co-founder Arthur Hayes dey warn traders make dem no dey run after quick profit for Bitcoin, cos e get high risk for short term position wey fit lead to liquidation. E talk sey Bitcoin na long term store of value, e talk sey e get 10 years annual return of 82.4% and sey e dey better pass gold and stocks especially after inflation and currency value drop. Even though Bitcoin dey trade near $116,000—wey low pass the all-time high of $124,100—e still strong as hedge. Initially, Hayes bin dey expect e go reach $250,000 by year end, but later e change am to end of 2025, wey align with Unchained Market Research. E advise say make traders dey disciplined: hold through market cycles and prepare for more volatility. Crypto traders suppose focus on long-term growth and how the asset fit resist shocks rather than chasing quick market spikes.
Bullish
For short term, Hayes focus on risk wey dey for liquidation and how market go shake fit make pesin hold; dis fit bring up and down trading plus small leverage. But im strong forecast for long term—wey base on Bitcoin get 82.4% annual return plus $250,000 target price by end 2025—make pesin sure say market go do well. Traders fit react by put more money or hold dem position dem, because dem like say Bitcoin good as store of value and growth go still increase. Over time, if pesin dey hold steady through market wahala, e fit make demand stable and lessen pressure wey dey make people sell, this one go help Bitcoin price climb and market trend dey bullish.