Crypto Crash Will Start a Bitcoin Bull Run: Bitwise CEO

• Bitwise CEO Hunter Horsley believes that the Bitcoin bull market is on the horizon.
• Horsley predicted that once the crash is over, BTC will skyrocket. 
• Arthur Hayes believes that “somebody big” got liquidated, resulting in the massive crash.

Hunter Horsley, the chief executive of asset management firm Bitwise, forecasts a bullish uptrend for Bitcoin in the near future, despite the current crypto market crash. He believes that as the economic situation in the United States worsens, money currently “parked” in equities and traditional investments will flow into Bitcoin (BTC) as a safe haven.

In an X (formerly Twitter) post, Horsley stated his belief that the Federal Reserve will continue to cut interest rates, which will further push the price of BTC higher.

I think we will look back on today as the setting of the stage for an incredible bull run in bitcoin.

Horsely believes that “a lot of  dollars parked in equities and fixed income will be looking for a new home,” amid the declining economic condition of the US and there is a strong possibility of a crypto market rebound. 

The price of Bitcoin plummeted a massive 13% in the past 24 hours as…

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