Decrypt’s Art, Fashion, and Entertainment Hub.
If these levels break, $20k $BTC & $1k $ETH, we can expect massive sell pressure in the spot markets as dealers hedge themselves. We can also expect that there will be some otc dealers and that will be unable to hedge properly and might go belly up.
— Arthur Hayes (@CryptoHayes) June 14, 2022
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.