Bitcoin to Find Support at $70K? Arthur Hayes Predicts a Strong Rally Ahead

Arthur Hayes predicts that Bitcoin could dip to $70,000 before its next rally, advising investors to be patient amid short-term volatility.
He believes a 36% correction from its $110,000 peak is typical for a bull market. Hayes sees central banks’ monetary easing policies as a key factor in driving future gains, suggesting that sharp declines in traditional markets like the S&P 500 and Nasdaq could prompt these actions. While warning of potential turbulence, he advises strategic timing for investments and emphasizes that Bitcoin’s free market nature contrasts with traditional stocks, especially during liquidity crises.
Clever Robot News Desk 13th March 2025