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 <p>According to former BitMEX CEO Arthur Hayes, the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> market has failed to recognize that the Bitcoin bull run commenced months ago. In a speech at Korea Blockchain Week, Hayes pinpointed March 10th as the bull market’s start. On this date, the FDIC took over Silicon Valley Bank as other major banks faltered.</p> 
 <p>Hayes argues the Fed’s subsequent emergency lending programs to stabilize banks revealed structural flaws. Additionally, he mentioned that it spurred investors towards assets like Bitcoin with fixed supplies.</p> 
 <p><strong>Also read: Ripple: Report Shows XRP Stumbling Despite Positive Court Ruling</strong></p> 
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  <img decoding="async" width="1024" height="576" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="BitMEX" class="wp-image-66291 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp.webp 1024w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp.webp 300w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp.webp 768w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp.webp 380w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp.webp 550w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp.webp 800w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp.webp 1160w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp.webp 1280w" data-srcset-img="https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 1024w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 300w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 768w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 380w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 550w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 800w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 1160w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 1280w" data-eio="j"> 
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   <img decoding="async" width="1024" height="576" src="https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp" alt="BitMEX" class="wp-image-66291" srcset="https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 1024w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 300w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 768w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 380w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 550w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 800w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 1160w, https://cdn.thebittimes.com/images/2023/09/06/dfbd20495fb4d9501b81220eeb23f212.webp 1280w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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    Source – FinanceFeeds 
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 <h2 class="wp-block-heading" id="h-bitmex-co-founder-predicts-bull-run-acceleration-in-6-12-months">BitMEX co-founder predicts bull run acceleration in 6-12 months</h2> 
 <p>While the wider market hasn’t reacted yet in his view, Hayes predicts this capital flight into <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> will become apparent over the next 6–12 months. He expresses confidence that Bitcoin will stay strong whether central banks tighten or loosen monetary policy in the future.</p> 
 <p><strong>Hayes stated, “In both scenarios, whether the Fed raises or cuts, we are in a good position as the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency industry.” </strong></p> 
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 <p><strong>Also read:&nbsp;Australia Rejects Crypto Regulation Bill</strong></p> 
 <p>Essentially, Hayes believes the seeds of the next Bitcoin mega-rally have already been sown thanks to instability exposing the banking system’s vulnerabilities. But he acknowledges that most have been blind to the bull run brewing beneath the surface since March.</p> 
 <p>Hayes makes an intriguing statement by calling out the market’s failure to grasp Bitcoin’s strengthening fundamentals amid recent banking turmoil. If he’s right, the bull run has begun stealthily, and 2023 could witness a belated boom.</p> 
 <p>Of course, that run has yet to happen. With <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> tied to macroeconomic conditions, others argue that sustained economic stability is required before a new Bitcoin frenzy ignites..</p> 
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<div class="cs-entry__tags"> 
 <ul> 
  <li>bitcoin</li> 
  <li>bitmex</li> 
  <li>crypto</li> 
 </ul> 
</div> 
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitmex-co-founder-forecasts-bitcoin-bull-run-in-6-12-months-tbt61624.html">https://thebittimes.com/bitmex-co-founder-forecasts-bitcoin-bull-run-in-6-12-months-tbt61624.html</a></p>

BitMEX Co-Founder Forecasts Bitcoin Bull Run in 6-12 Months

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