By CryptoNews - 1 year ago - Reading Time: 1 minutes
USD 25K-USD 27K per Bitcoin Is ‘This Cycle’s Bottom’ - Arthur Hayes
If it is true that the Luna Foundation Guard (LFG) really sold 80,000 bitcoin (BTC) to defend the terraUSD’s (UST) peg during its meltdown, it is likely that USD 25,000 to USD 27,000 is the bottom of this bitcoin market cycle, according to crypto essayist and former BitMEX CEO Arthur Hayes....
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Original source: CryptoNews