On February 1st, Swyftx principal analyst Pav Hundal said that the current bear climate has become very tense, and the macro environment in favor of cryptocurrencies indicates that bitcoin is expected to hit new highs by the end of the quarter. Arthur Hayes, co-founder of BitMEX, previously predicted that Bitcoin could fall back into the $70,000 to $75,000 range, which would trigger a "mini-financial crisis" if it did happen. However, Dr. Sean Dawson, head of research at Derive, recently said th...
Pav Hundal, chief analyst at Swyftx, said a Trump victory could bring a dopamine shock, but warned that the market would be more volatile in the days leading up to and after the election. In addition, traders should exercise caution because there is considerable volatility in the market's current pricing. "While there may be upside, the risks are just as great," he warned.