Arthur Hayes shared insights on the X platform, urging patience in the current market downturn. He predicts Bitcoin (BTC) could bottom out at approximately $70,000, marking a 36% decline from its all-time high of $110,000—a common retracement pattern observed in bull markets.
Key Predictions & Market Outlook
Stock Markets in Freefall: Hayes anticipates that SPX (S&P 500) and NDX (Nasdaq 100) will experience significant corrections.
Central Bank Policy Shifts: He expects the Federal Reserve, European Central Bank (ECB), and Bank of Japan to introduce monetary easing policies to stimulate economic recovery.
Investment Strategy:
Aggressive Investors: Hayes suggests that once central banks start easing, it may be an ideal time to re-enter the market aggressively.
Cautious Investors: Those waiting for confirmation should observe central bank actions before increasing capital allocation.