“I think that something that goes up to $20,000 in one year can have a correction down to about $6,000,” said Hayes. “I think we can definitely find a bottom within the $3,000 to $5,000 range, but we’re one positive regulatory decision away–maybe an ETF approved by the SEC to climb it through $20,000 or even $50,000 by the end of the year.”

To watch the full interview with Hayes, click the video below:

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