BitMEX Founder Arthur Hayes Reveals the Low He Expects in Bitcoin! Here Are the Details
### **Arthur Hayes: Bitcoin Could Bottom at $70K Before Soaring to $250K**
BitMEX co-founder **Arthur Hayes** has reaffirmed his **bullish outlook on Bitcoin**, predicting that the leading cryptocurrency could experience a temporary pullback to **$70,000** before resuming its upward climb.
### **Bitcoin’s Short-Term Correction: A Normal Market Cycle**
Hayes views a **36% correction from Bitcoin’s all-time high of $110,000** as a natural occurrence in a bull market. He emphasizes that such retracements are typical before the next major rally, encouraging investors to see them as potential buying opportunities.
### **Long-Term Bitcoin Forecast: $250K by 2025, $1M in the Future**
Despite short-term volatility, Hayes remains optimistic about Bitcoin’s future, forecasting a rise to **$250,000 by the end of 2025**. Looking further ahead, he predicts **Bitcoin could eventually reach $1 million**, driven by:
✅ **Institutional adoption**
✅ **Macroeconomic shifts**
✅ **Rising inflation**
### **Bitcoin’s Bullish Future**
Hayes believes that Bitcoin’s long-term trajectory remains strong, urging investors to **stay patient amid market fluctuations**. As institutional interest grows and global financial trends evolve, he expects Bitcoin to continue setting new record highs.
👉 **Continue Reading:** BitMEX Founder Arthur Hayes Reveals His Bitcoin Price Predictions!