Bitcoin poised for massive correction to $70K-$75K before surging to $250K by year end, BitMEX co-founder

The co-founder of Bitmex, Arthur Hayes, predicted that Bitcoin could potentially retire to the range of $ 70,000 to $ 75,000.

In a Recent article on xThe co-founder of Bitmex, Arthur Hayes, said that Bitcoin (BTC) The price is ready for a massive correction of the range of $ 70,000 to $ 75,000. In addition, he suggested that this dip could trigger a “financial mini-crisis” and cause a renewed wave of money printing. This development, according to Hayes, could finally propel the price of Bitcoin to $ 250,000 by the end of 2025.

Bitcoin’s latest visit to $ 75,000 took place on November 8, 2020, just a few days after the American presidential victory for Donald Trump. At the time of publication, Bitcoin is negotiated at $ 102,876.

The prediction of Hayes occurred in the middle of a broader collapse on the cryptography market. After the release of Deepseek R1 On January 20, Bitcoin Price experienced a significant drop, falling below $ 100,000 and reaching approximately $ 97,800 during Asian training hours. This sparked a range of analysts speculation on the quantity of Bitcoin price.

Michael Van de Poppe, founder of MN Capital, Ablay concerns on the current market volatilityDescribing gout as a “short -term shock”. Van de Poppe warned the short -term market fluctuations against the fluctuations in the hastily and stressed that Bitcoin has reached what he called an “exciting entrance area”. However, he recognized that if Bitcoin does not maintain this support, a drop in low -end is likely.