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**Predictions of BTC Price Fluctuations Around Halving by BitMEX Co-Founder**

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by Giorgi Kostiuk

2 years ago

Bitcoin has been undergoing significant volatility recently due to the upcoming halving event. BitMEX co-founder Arthur Hayes, in his blog post titled "Heatwave," has made predictions regarding Bitcoin's price movement, suggesting a potential drop before and after the halving.

Despite seeing a surge following the Spot Bitcoin ETF launch and setting new all-time highs, Bitcoin's price plummeted back down in April. Various analysts have shared their views on Bitcoin's future, but Hayes remains bearish about the cryptocurrency's performance surrounding the halving event.

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