CoinVoice has learned that Arthur Hayes, co-founder of BitMEX and Chief Investment Officer of Maelstrom, stated at the end of his latest article that the cryptocurrency market will experience a painful crash before entering the bear phase around the inauguration of Trump on January 20, 2025. Maelstrom (Arthur Hayes's fund) will reduce certain positions in advance and hopes to buy back at a lower price sometime in the first half of 2025.

Arthur Hayes added: "If the market forcefully breaks through around January 20, we will also admit our prediction was wrong and will get back in after licking our wounds." [Original link]