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.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Pump.fun has officially launched tokens tracking the market value and sentiment of major companies before…
Tom Lee, chairman of BitMine, thinks the next big move in Ethereum will come from…
World's latest push into banking and finance could give the WLD price prediction a fresh…
A new official X account for XRP has gone live, managed jointly by Ripple and…
Ripple CEO Brad Garlinghouse has admitted that the collapse of the CLARITY Act hurt. He…
The U.S. Department of Treasury's NPRM on payment stablecoin issuance, offer, and sale (RIN 1505-AC95)…
