Arthur Hayes: Bitcoin go $100K, Ethereum go $3K
Arthur Hayes wey be Maelstrom Fund CIO dey warn say tough macro headwinds like new tariff wahala, slow credit growth, plus weak US non-farm payroll data (only 73,000 job enter for July) fit push Bitcoin go as high as $100,000 and Ethereum reach $3,000. E sell $8.32m worth of ETH, $4.62m of ENA plus $0.41m of PEPE beforehand, move e money enter $22.95m USDC and $28.3m other tokens. Bitcoin don fall 7.7% from the $123,000 peak, Ethereum sef down 12.5% from $3,900. Even though Hayes get bearish mind, some analysts dey expect say corrections no go deep like before.
Bearish
Hayes warning sign dey show say market get bearish feeling for Bitcoin and Ethereum. Short term, new tariff wahala, slow credit growth plus weak payroll data fit make people sell more and prices fall. E big pre-sell-off mean say people no too ready to take risk. Long term, steady big economic gbege fit still keep prices down and make market shake more, but some analyst talk say this cycle corrections fit no too deep like before if economy situation better.