Arthur Hayes Predicts New Path For BTC: Bitcoin To Plunge To $75K Again?
Arthur Hayes, founder and CEO of BitMEX, is once again grabbing the central spotlight. Hayes has predicted a new price trajectory for Bitcoin, adding how BTC, the ultimate cryptocurrency, is up for a massive change and may plunge to hit a new low price spot before surging ahead to hit a new ATH.
Arthur Hayes Predicts Bitcoin’s New Path
Hayes, a notable American entrepreneur and founder of BitMEX, has once again taken to X to shake the cryptocurrency world with his new prediction. Hayes posted a new price prediction for Bitcoin, adding how the market may experience a sharp Bitcoin correction, which could include BTC plunging as low as $70-$75K.
This sharp fall may temporarily trigger a small financial crisis, Hayes later shared. However, the BitMEX CEO was quick to share counteranalysis, adding that as global central banks resume quantitative easing, Bitcoin will once again resume its upward price trend. This trend might be the strongest of all, pushing Bitcoin to claim an all-time high of $250K by the end of 2025.
Reversing the order of my tryptic essay series. The Ugly will be published tomorrow morning. I am calling for a $70k to $75k correction in $BTC, a mini financial crisis, and a resumption of money printing that will send us to $250k by the end of the year. pic.twitter.com/wohvbKkXOf
— Arthur Hayes (@CryptoHayes) January 27, 2025
The Token’s Year-End Price Prediction: Technical Analysis
As per Hayes, Bitcoin may hit $250K by the end of 2025. Per CoinCodex, BTC is expected to hit $131K by mid-February 2025.
As per CC, BTC may surge 20% to hit a high of $126K by January 2026.