On Tuesday (7 February 2023), Arthur Hayes, Co-Founder and former CEO of BitMEX, revealed that he is getting back into Bitcoin even though he realizes that “buying into Bitcoin when it is already up 50% off the lows is dangerous.”

According to data from Trading View, in the year-to-date period, the Bitcoin price has gone from $16,520 to $23,057, which is a gain of around 40% (vs USD).