
Hayes believes that it may take the market another six to 12 months to fully respond to the bull run.
BitMEX is a next generation crypto-coin trading platform, which supports highly leveraged trading via perpetual and fixed-date contracts.
BitMEX is a cryptocurrency exchange and derivative trading platform. It is owned and operated by HDR Global Trading Limited, which is registered in the Seychelles and has offices worldwide.
Hayes believes that it may take the market another six to 12 months to fully respond to the bull run.
The Bitcoin price has once again retraced back to $26,000 after some recovery pump earlier this week. On the technical chart, BTC continues to show bearish momentum with its price dropping under the 200-day moving average (DMA).
Hayes says ETH will skyrocket sometime in the next few years as the AI revolution strengthens and DAOs begin to form.