4
Ethereum to Hit $5,000 on Merge Bullishness Says Arthur Hayes
source link: https://www.trustnodes.com/2022/08/05/ethereum-to-hit-5000-on-merge-bullishness-says-arthur-hayes
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Ethereum to Hit $5,000 on Merge Bullishness Says Arthur Hayes
Smoking crack?
Arthur Hayes, the co-founder of once the biggest crypto derivatives exchange, BitMex, says his target for eth is $5,000 based on the triple halving due to the Merge upgrade to Proof of Stake.
“I believe this is a conservative estimate,” Hayes says, “because the structural changes to the demand/supply dynamic will never be fully priced in a priori– just like how the Bitcoin halvings continuously produce positive returns, even though we know well in advance when they will occur.”
Gain access.
</div
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK