Arthur Hayes Says Bitcoin Price Needs $100K Before Real Rally Begins

Published by

Anjali Belgaumkar

September 9, 2026

Trader looking at cracked Bitcoin coin beside declining chart with red arrow.

Crypto investor Arthur Hayes said Bitcoin’s price action going forward is likely to move in fits and starts rather than a smooth, explosive rally, arguing that investors remain psychologically scarred after Bitcoin underperformed AI stocks over the past few years. Hayes said the market needs Bitcoin to convincingly clear $100,000 and $125,000 before investors fully commit to it as their preferred bet against renewed money printing aimed at propping up the AI sector. Hayes pointed to Bitcoin’s roughly 30% move as an example of that pattern already playing out, suggesting the market may now digest those gains for a while and potentially retest the $70,000 level before its next leg higher.

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