Future of Money
Millionaire investor who predicted Bitcoin's drop now expects a new rise of the cryptocurrency
Arthur Hayes predicted that Bitcoin would fall below $80,000, but sees a new favorable scenario for the cryptocurrency in the short term
Bitcoin: cryptocurrency may experience a resurgence (Reproduction/Reproduction)

João Pedro Malar
Reporter for Future of Money
Published on March 20, 2025, at 12:08 PM.
The millionaire investor Arthur Hayes caught the market's attention at the beginning of 2025 after correctly predicting that Bitcoin would reverse its upward movement and drop to a price below $80,000. Now, however, he believes that the cryptocurrency should rise again.
In a post on X, formerly Twitter, on Thursday, the 20th, Hayes stated that recent interest rate decisions by the central banks of Japan and the United States have opened up space for a new rise of the cryptocurrency. Therefore, he believes that the price of $77,000 was the "bottom" of the asset.
The term is used in the market to refer to a minimum price reached by the asset during a downward movement, indicating that the asset will not fall to levels below it. Hayes believes that Bitcoin may still experience some sideways movement in the short term, but the scenario is now more positive.
He highlighted that the decision of the Bank of Japan to maintain the country's interest rate and the indication from the Federal Reserve that it intends to make two cuts to the interest rate in the United States this year create an environment of less pessimism for investors. And cryptocurrencies would be among the biggest beneficiaries.
