Arthur Hayes says BTC is set for a parabolic surge, urges immediate buying

Bitcoin is likely to enter a full parabolic rally soon, making this the right moment to hold the asset, BitMEX co-founder Arthur Hayes said during an appearance on the Altcoin Daily YouTube channel. Reproducing his verbatim English remarks, Hayes said Bitcoin would quickly reach "hundreds of thousands of dollars" and added that anyone worried about the Federal Reserve’s bond-yield control should own Bitcoin now. Hayes also said the current situation looks like it is heading toward the 2008 financial crisis.