Arthur Hayes, former BitMEX CEO, predicts $BTC could bottom at $70k, a 36% drop from its $110k all-time high—normal for a bull market correction, per recent crypto analyses.
Hayes advises investors to stay patient, waiting for a major stock market crash in SPX and NDX, alongside distress in traditional finance (TradFi) institutions. Only then, he says, should crypto enthusiasts "load up the truck." Investment
He forecasts that major central banks like the Fed, PBOC, ECB, and BOJ will ease monetary policies in 2025 to boost their economies, potentially sparking a crypto recovery. This strategy hinges on global economic concerns, including recession fears and expected rate cuts, impacting both traditional and crypto markets, as reported in recent financial news.
