The Bitcoin (BTC) price displays a bullish momentum after touching the $58k wall after a brief drop. However, recent alarming price predictions by Arthur Hayes about BTC’s price have triggered a wave of speculations among large stakeholders with the price rally losing steam below critical thresholds.
Meanwhile, SUI crypto leads the charge with a bullish rally this week. Its historical track record for performing well while BTC lags have raised the expectation bars of investors even if the market trend flips. Similarly, DTX Exchange (DTX) also joins forces with SUI for bullish gains if the Bitcoin (BTC) trend reverses.
Arthur Hayes Signals Bitcoin (BTC) Bear Run to $50K
The founder of BitMEX Arthur Hayes has recently shared his views on the Bitcoin (BTC) price trend, suggesting an upcoming bear run close to $50k. This price prediction comes after a month of significant declines from $60k support, ETF outflows, and the selling of 2,812 BTC by Fidelity on September 4.
While Bitcoin (BTC) seeks stability, the price has room for more recovery but the upcoming FOMC meeting can be crucial in deciding its future. The event holds significant importance as it poses a make-or-break situation for Bitcoin (BTC) on September 18, and the broader economic conditions can severely halt its price rally before the anticipated rate cut meeting.
Mysticeti Upgrades Power SUI Crypto’s Bullish Recovery
SUI has displayed consistent gains for over a month amid BTC’s price lagging. The token has gained over 12.1% on the weekly timeframe and continues to target the $1 milestone as whale activity soars. SUI is becoming the top favourite of profit-seeking investors as bearish predictions about Bitcoin (BTC) surface due to its historic resilience against odd market trends.
Moreover, the continued Mysticeti upgrades have sparked a wave of excitement among SUI community members as the blockchain enhances to extend its market dominance. With the improving price trend, SUI crypto might challenge big players by surging past $1 in the upcoming weeks with bigger and better blockchain schemas.
DTX Hybrid Blockchain Shakes Up TradFi With 10,000 TPS
DTX Exchange (DTX) surprises the tradFi community with its end-to-end solutions, global scope, AI-backed automation, and other cutting-edge features. Traders shift focus toward the DTX hybrid model for the best centralised and decentralised features, including 1000x leverage and KYC-free security to maximise profit margins with enhanced asset optimization.
The hybrid DTX project is gaining global attention by raising a mind-blowing $2.55 million in batch 3 of the public presale. DTX Exchange adds value for diverse communities of traders by listing 120k+ pairs from forex, cryptos, stocks, and equities. Through the first-ever hybrid layer 1 blockchain, the DTX platform has set new benchmarks and broke records of mega blockchains with 10,000 TPS for DeFi dominance and trader-centric narratives.
The presale success of DTX Exchange is attributed to its commitment to community engagement and user growth through governance rights, passive income strategies, and access to airdrops with passive income strategies. DTX token is priced at $0.06 in stage 3 with projections that the DTX token might skyrocket to $1 post-listing, presenting an enticing opportunity for early buyers.
Conclusion
As Arthur Hayes voices caution for the Bitcoin (BTC) price, savvy investors are turning their attention to cryptos like SUI and DTX Exchange (DTX) for substantial gains. If the market rally reverses, SUI and DTX are ready to flip the odds with long-term growth opportunities with a bullish rally to surge past key thresholds.
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