According to Vays, this means that his previously predicted bottom for Bitcoin at $2,800 would most likely be discarded.
He also talked about the BitMEX crash. According to him, the plunge was probably the only reason Bitcoin did not hit his earlier-predicted $2,800.
“It’s very possible that if BitMEX didn’t crash, the selling would have just accelerated, but right now, I’m under the assumption that the low is in.”
As the upcoming halving is anticipated, any further crash in Bitcoin could quite easily be corrected by May.