Bitcoin bottomed at $60000 and will retake $126000 - Arthur Hayes

[Oshosondy]

Clearly stated on the article that 'any views expressed here are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions'.

But I see more sense in the article even if bitcoin will still fall, all we know is that bitcoin will go back to $126000 and get to all time high which is very normal for bitcoin to achieve.

Bitcoin bottomed earlier this year at $60,000, and with a tailwind of trillions of dollars and yuan yet to be created at its back, retaking the $126,000 is a foregone conclusion.

But he posted about how war is inflation, also he talked about AI and money printing which can be for the advantage of bitcoin to get to all time high.

https://cryptohayes.substack.com/p/the-butterfly-touch

[OgNasty]

The problem with broken clocks is that they always say the same thing. I would urge caution before listening to anyone who doesn’t change their tone with the market. Trust someone who tells you to buy low and sell high. Not someone who tells you to buy forever and then dumps on you at the peaks…

[Zaguru12]

But I see more sense in the article even if bitcoin will still fall, all we know is that bitcoin will go back to $126000 and get to all time high which is very normal for bitcoin to achieve.

I agree with the speculation because bitcoin been bottom at $60k is actually reasonable that’s almost 50% fall from the current all time high, even though I was expecting more like 60% fall from ATH due to the reduction in the volatility because in the past bearish periods the market usually has more falls, but the 50% fall is still so much reasonable considering the fact that we have had lots of market consolidation in this cycle.
For the ATH we will cross $126k this has been the trend and it will not stop now, because we are certainly following the same bitcoin four year cycle. I think we would like be breaking that price in the bitcoin halving year which is in the year 2028. I don’t see it happening this year or next year. Although with the current consolidation and a prolonged bearish trend it could happen last quarter of 2027 but my realistic prediction is in 2028