Co-founder of Bitmex Arthur Hayes predicted that Bitcoin could possibly withdraw to the reach of $ 70,000 to $ 75,000.
In one Recent message on XBitMex co-founder Arthur Hayes said that the price of Bitcoin (BTC) is ready for a huge correction of $ 70,000 to $ 75,000. He also suggested that this dip could cause a “mini -financial crisis” and resulted in a renewed wave of money prints. According to Hayes, this development can ultimately weir to Bitcoin by the end of 2025 to $ 250,000.
The last visit of Bitcoin at the level of $ 75,000 took place on November 8, 2020, only a few days after the US presidential victory of Donald Trump. From the moment of publication, Bitcoin acts at $ 102,876.
Hayes’ prediction came in the middle of a broader slump in the cryptomarket. After the release of Deepsek R1 on January 20, Bitcoin Price experienced a significant decrease, dropped below $ 100,000 and reached approximately approx $ 97,800 during Asian training hours. This has fueled a number of speculations by analysts about how much further Bitcoin price can fall.
Michael van de Poppe, founder of MN Capital, triggered worries About the current market volatility, which describes the decline as a ‘shock shock’. Van de Poppe warned to hurry to respond to short -term fluctuations and pointed out that Bitcoin has achieved what he called an “exciting access zone”. He acknowledged, however, that if Bitcoin cannot retain this support, a decrease in range of the range is likely.
