Bitcoin Price Action Prompts Historical Comparisons
Recent movements in Bitcoin’s price chart have drawn an interesting comparison to the soybean market of the 1970s. This historical parallel is generating discussion among analysts and investors alike.
BitMEX Co-founder Arthur Hayes Predicts $1 Million BTC
Amidst these market observations, BitMEX co-founder Arthur Hayes has put forward a bold prediction for Bitcoin. Hayes anticipates the cryptocurrency could reach a staggering $1 million. This forecast adds to the ongoing dialogue about Bitcoin’s long-term potential.
Anonymous Trader’s Polymarket Wager on Trump Pardon
An anonymous cryptocurrency trader, previously noted for timely market shorts, appears to have made another successful prediction. This individual reportedly profited from a bet on Polymarket regarding former President Donald Trump’s potential pardon of Binance founder Changpeng “CZ” Zhao.
Blockchain sleuth Euan highlighted Etherscan data, suggesting a connection between the trader and a Polymarket account. This account reportedly earned $56,522 by wagering on a Trump pardon for CZ in 2025.
Speculation Arises Over Trader’s Prior Market Insights
This isn’t the first time the anonymous trader has garnered attention for prescient market moves. Earlier suspicions arose in crypto circles after the trader executed timely Bitcoin and Ethereum shorts. These trades occurred hours before a significant tariff announcement by then-President Trump, which subsequently led to price declines.
Leave a Reply