BitMEX co-founder Arthur Hayes posts two comments on bitcoin and Solana.
Arthur Hayes, co-founder of global cryptocurrency exchange BitMEX, posted an image of a price chart of Solana (SOL) on X and said, "I think it's time to get back to where it belongs." "I think this bitcoin correction will find a bottom in the $30,000-$35,000 range. Based on this prediction, I purchased a put option with a strike price of $35,000 expiring on March 29. At the same time, I closed my Solana (SOL) and BONK positions with a weak stop loss. If BTC falls below $35,000, I will start buying dips, which will include Solana and WIF". On CoinMarketCap, SOL is currently trading at $97.24, down 3.70%.
He previously said, "I doubt bitcoin will go to $35,000. I'm selling puts (bearish bets) and waiting with my finger on the trigger to buy some shitcoins". Earlier, Arthur Hayes revealed that he had bought a put option with a strike price of $35,000 that expires on March 29. "If the stock price of New York Community Bank (NYCB) and a few other banks that have been performing poorly falls, we will see a new bailout soon after. Bitcoin will then rally higher as it did in March 2023."
