Bitcoin Correction Alert: Arthur Hayes Warns Of Drop To $75K

Bitcoin Correction Alert: Arthur Hayes Warns Of Drop To $75K

Bitcoin performance attracts the attention of market experts. Arthur Hayes, co -founder of Bitmex, knocked the alarm about the currency course.

Hayes recently warned of the possibility of a decrease to $ 70,000 – 75 thousand dollars in the near future. This expectation comes amid global economic instability and changing market conditions.

A possible small financial crisis

According to Hayez, the global financial system may face a “mini -financial crisis”. This Bitcoin event may force the evaluation of low support levels even if they are still attractive to investors looking for a safety network of traditional financial tremors.

Hayes said this autumn may be necessary for correction before the large increase in encrypted currencies. Although his dialect is warning, his long -term view is still positive.

Liquidation and market reactions

The market is somewhat fluctuating. After recently decreased below the support level of $ 100,000, Bitcoin caused large -scale liquidations worth about $ 854 million.

For some people on the market, this liquidation highlights the exact balance between hope and anxiety in the bitcoin market. Corpses are a natural part of the market cycles, but the speed and size of sales show that traders are more sensitive at the present time.

Different views of specialists

Although Hayes expects a significant decline, many analysts do not agree with his point of view. Georgy Verbsky, founder of Tymio, believes that the current decrease is a logical result of the extended upward trend.

Verbitski notes that the market may witness a more moderate decline, with the stability of Bitcoin at about $ 87,000 instead of declining to $ 75,000.

The potential future of bitcoin

Despite the warning, Hayes remains positive about the future of Bitcoin. It is believed that Bitcoin can reach $ 250,000 by late 2025, as central banks around the world reduce monetary policies. This view reflects a common belief among coded currency fans that digital assets will flourish as the global economy change.

According to Kewengico, Bitcoin was as well Trading at $ 99,242It showed a 5.1 % decrease over the past 24 hours and 7.5 % during the past week. The course of the original remains unpredictable, and swings between calm and chaos. Whether Hayes happens, a decrease of $ 75,000 or not, Bitcoin continues to attract investors everywhere.

Distinctive image from Dall-E, a scheme from TradingView

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