Arthur Hayes Reveals Best Bitcoin Buy Strategy & Price Targets for Crypto Investors

Bitcoin’s market has surged by an impressive 51.11% since the political shift in the United States. On December 5, 2024, it hit the $100K mark, and the current price stands at $102,517.99. However, Arthur Hayes Arthur Hayes   Arthur Hayes is an investor and entrepreneur from the United States. He is the previous CEO of BitMEX, one of the top cryptocurrency derivatives exchanges globally. In 2014, he co-established BitMEX, facilitating cryptocurrency trading through leveraged Bitcoin futures.   He is often seen sharing his insights and views on the Bitcoin market. He also backs crypto-related projects and helps them gain momentum with his advice on the market.   Quick Facts   Full name Arthur Hayes Birth 1985, Detroit, Michigan Nationality American Education Economics & Finance from the Wharton School of Business  Marital status Married Net worth Estimated $500-700 million   Hayes previously worked at Deutsche Bank and Citigroup. While working at these fintech firms, Arthur concentrated on establishing crypto derivatives as a common standard. In 2021, he encountered legal problems concerning BitMEX's compliance. Nevertheless, he settled the matter through legal means.   Arthur Hayes - Timeline and Events   2016 – Launched the XBTUSD perpetual swap, revolutionizing crypto trading. 2018 – BitMEX became one of the largest Bitcoin trading platforms. 2020 – Faced legal scrutiny but remained a key industry figure. 2021 – Settled U.S. legal issues and stepped down as BitMEX CEO. 2022 – Focused on crypto investments and writing industry insights. 2023 – Advocated for Bitcoin adoption and decentralized finance (DeFi). 2024 – Continued shaping the digital asset space through investment and research.   Arthur has collaborated with various blockchain experts and engaged with innovative startups for the growth of crypto and Web3 innovations. He continues to be an influential voice in the crypto space and shares his perspectives on Bitcoin, DeFi, and blockchain regulations.   Useful Links to Connect With Arthur Hayes   Platform Link X (formerly Twitter) https://twitter.com/CryptoHayes LinkedIn https://www.linkedin.com/in/arthur-hayes BitMEX Website https://www.bitmex.com Personal Blog https://cryptohayes.substack.com EntrepreneurInvestorChief Executive OfficerTrader , co-founder of bitMEX bitMEX - arthur.hayes@bitmex.com Centralised Exchange , has a cautious outlook. In his recent essay “The Ugly,” he predicts a potential 30% drop in BTC’s price, comparing today’s market conditions to those of late 2021.

Despite this prediction, Hayes remains optimistic about Bitcoin’s long-term future. He believes that after a short-term pullback, the price could reach $250,000. Let’s break down his analysis further.

The Market in 2021 vs. Now: A Familiar Pattern?

Hayes draws several comparisons between the current market and the one from late 2021. On November 10, 2021, Bitcoin reached a yearly high of $69,106.40, only to fall by over 30% in the following weeks, dropping to around $47,000 by the end of the year. The fourth quarter of 2021 saw Bitcoin’s quarterly returns fall sharply from 25.5% to just 5.6%.

Hayes predicts that Bitcoin could see a similar drop this time, potentially falling to $70,000 – $75,000. However, he still believes in Bitcoin’s long-term growth, forecasting a rise to as high as $250,000 after the pullback.

Why the Pullback? Key Economic Factors at Play

Hayes attributes the potential pullback to several factors. Central banks in major economies like the US, China, and Japan are tightening liquidity, which could create turbulence in global markets. Rising bond yields and increasing economic and political uncertainty in important economies are also contributing to the market’s volatility.

Hayes’ Strategy: Key Levels to Watch

In his essay, Hayes shares two strategies for navigating the potential pullback. First, he plans to buy more Bitcoin if the price drops below $75,000. On the other hand, if Bitcoin’s price breaks above $110,000 with strong trading volume, he would also consider buying more.

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The Altcoin Market: A Bigger Risk, But a Possible Opportunity

While Hayes expects a 30% drop in Bitcoin’s price, he warns that the altcoin market could face even bigger losses. However, he also sees a silver lining in large altcoin liquidations. Such events could present an opportunity for savvy investors to buy at lower prices.

Arthur Hayes believes Bitcoin could experience a 30% drop, but he remains confident in its long-term potential. He predicts that Bitcoin will eventually reach $250,000, despite the short-term challenges ahead.

His strategy is simple: buy if the price falls below $75,000 or if it rises above $110,000 with strong momentum.

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