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<div class="text-justify">Again sharing with you all the news events related to the perspectives and analysis of experts on the price action of cryptocurrencies, in this particular case I want to touch on what is the appreciation of Arthur Hayes on a potential correction of Bitcoin. </div>
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<div class="text-justify">In an article uploaded by Gustavo Godoy to the Cointelegraph portal, he has pointed out that according to Arthur Hayes, the founder of BitMEX "Bitcoin could fall between 20% and 30% in the coming months. What is behind this statement? Is it a self-fulfilling prophecy or a reasonable warning?" </div>
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<div class="text-justify">In this regard, "One could say that the market is in a state of euphoria and greed, and that investors are buying Bitcoin in the hope that it will continue to rise without limit. However, this situation is not sustainable, and sooner or later a correction will occur. When buyers run out of money or lose interest, the price will fall due to lack of liquidity and supply." </div>
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<div class="text-justify">In a way Arthur Hayes' arguments are valid and have some congruence with what has been happening in the last two years, however, from my perspective I believe that there will obviously be a correction in Bitcoin's price action, but this will not imply a price collapse, as it will indeed be a correction before taking the next upward momentum. </div>
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<div class="text-justify">Now, where I do agree with Arthur Hayes is that "relying on rumors is a tricky business. Rumors about Bitcoin ETFs are not new, and have already been denied or delayed several times by the SEC. Now expectations are stronger. But as long as there is no official announcement, ETF approval cannot be taken for granted." </div>
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<div class="text-justify"><h3>SOURCES CONSULTED</h3></div>
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<div class="text-justify"><strong> Cointelegraph. </strong> Why is Arthur Hayes predicting a Bitcoin crash?. <a href="https://es.cointelegraph.com/news/why-does-arthur-hayes-predict-a-bitcoin-crash" rel="noopener" title="This link will take you away from steemit.com"> Link </a></div>
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<div class="text-justify"><h3>OBSERVATION:</h3></div>
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