- Hayes believes Bitcoin will recover after a dip to $70K, potentially reaching $250K.
- Despite market volatility, Hayes remains cautious and prefers gradual purchases over-leveraged trades.
- Hayes is skeptical about Trump’s plan to create a Bitcoin reserve, citing competing demands on federal funds.
The BitMEX and 100x co-founder Arthur Hayes predicts Bitcoin will sustain its bull market run despite recent price movement. He suggests that Bitcoin’s price might temporarily dip to approximately $70,000 before experiencing a significant rise.
Bitcoin’s Potential Dip and Strong Rebound
Hayes anticipates a temporary pullback to $70,000 as a natural market correction. After this dip, he expects Bitcoin to surge back, potentially reaching as high as $250,000 by the end of 2025. This forecast aligns with his earlier prediction of a significant rebound from lows in the $70,000 to $80,000 range. While Hayes acknowledges the uncertainty, he believes a fall toward $80,000 could present a “dead cat bounce” opportunity for cautious traders who prefer to buy on dips while avoiding leverage.
Bitcoin has dropped by 10%, reaching a low of $83,000, which confirms Hayes’ earlier analysis. He points to rising dollar liquidity as a key factor that could propel Bitcoin to its peak around March 2025. Traders focusing on macroeconomic trends will likely notice similar price movements during this period.
Market Volatility and Caution on Leverage
Hayes also warns of potential price volatility, suggesting that Bitcoin could face a more severe correction if major indexes like the S&P 500 or Nasdaq 100 fall by 20% to 30%. Such a correction could drag Bitcoin down further before it consolidates and ultimately breaks out.
Despite his optimistic long-term view, Hayes remains cautious. He plans to “nibble on dips” rather than using leverage, adopting a conservative strategy of gradually accumulating Bitcoin during price pullbacks. This cautious approach reflects a broader institutional trend, where large investors prefer spot purchases over-leveraged trading.
As of press time, Bitcoin traded at $83,690, showing an 8.88% decrease in the past 24 hours. Its market capitalization stands at $1.65 trillion, with a trading volume of $73.8 billion.
Trump’s Proposed Bitcoin Reserve Faces Doubts
Hayes expressed skepticism about the Trump administration’s potential move to establish a strategic Bitcoin reserve. He doubts that the president’s significant borrowing capacity will be used to purchase Bitcoin, given the competing demands on federal funds.
Nothing new here. Just words. Lmk when they get congressional approval to borrow money and or revalue the gold price higher. Without that they have no money to buy #bitcoin and #shitcoins. https://t.co/Q06cDtL6h7
— Arthur Hayes (@CryptoHayes) March 3, 2025
The long-term growth of Bitcoin receives Hayes’ guaranteed prediction but he recognizes risks for short-term volatility including price dips. The way he buys Bitcoin through market declines demonstrates an institutional method for financial institutions. The changing landscape of the market relies on Hayes’ timely predictions which enable traders to handle Bitcoin’s market fluctuations successfully.
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