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

[asriloni]

I'have seen enough how Hayes always changing his prediction anytime. He's always being very inconsistent with any of his prediction. That's why i never trust him again, though his prediction makes sense here.

I'd rather call the bottom to below than 60k because we're now starting to get another bottom. I've said in the different thread about how Bitcoin is likely going to be bearish again.

USDT.D is likely moving up, and i expect a doomsday for alts when BTC is also break out from 61% - 62%, I guess big discount is around the cornder. So we will see bottom most probably at Q3 - Q4 this year.

[free-bit.co.in]

People's speculation change with the direction of the market and has been like that for a long time. Soon, the experts will say the opposite if the market created wick, all these predictions are just predictions after all.
But, in my opinion $60000 could be the bottom of this cycle and retaking $126000 isn't entirely impossible, but it needs the fourth quarter of 2026 to hit macro bottom at that price for the next bull to take place and create an even higher all time high. Historically speaking, macro bottom happens 12 month after all time high. Things will get clearer once we be to October 2026.

I do not know, and I will not make any firm claim. Instead, as I said, we should prepare and have backup plan rather than betting everything on a single scenario without any certainty.

There is no guarantee that bitcoin will never return to $60k and form a new bottom this year. Bitcoin is unpredictable, and the successful investors so far are those who were well prepared, not those who only believe what they want to happen.

[Odohu]

His conclusion that Bitcoin will not retake the $126,000 ATH is faulty and completely wrong because when the time is right, Bitcoin will eat the ATH and even seek higher price regimes. What the market is experiencing is just normal correction and that is how the market is destined to behave. I know the reason for his hasty conclusion is the reduced volatility the market have experienced due to the ETF approvals that have lead to reduced onchain transactions but that will not be the same forever, the moment more people begin to realize that it is more profitable to buy real Bitcoin and not via ETF, things will change.

[jcojci]

Bitcoin now plummeted to $74,000 after staying above $75,000 and coincidentally that happened over the weekend. We thinks that is a correction and not expected the price to go down too far (but it did). But we don't have to worry and just watch the price moves and prepares our time to enter the market and buy.

No one knows if the price will down to $60,000 but even if that happens, we must use that as a time to buy because we might not see that price in the future.

The investors prepare for their time and also their funds to buy so we should not miss that for our benefits. The war still happens and could become worse so we also need to be ready for anything that happens.

[Iranus]

I'have seen enough how Hayes always changing his prediction anytime. He's always being very inconsistent with any of his prediction. That's why i never trust him again, though his prediction makes sense here.

I'd rather call the bottom to below than 60k because we're now starting to get another bottom. I've said in the different thread about how Bitcoin is likely going to be bearish again.

USDT.D is likely moving up, and i expect a doomsday for alts when BTC is also break out from 61% - 62%, I guess big discount is around the cornder. So we will see bottom most probably at Q3 - Q4 this year.

Many people probably will not like this, but I agree with you.

Today I also looked at the USDT.D chart and I also think it will go up. It suggests a price drop could be coming, although I’m not sure whether it will be a major one.

Besides, I have never believed in the "this time will be different" theory, and I still maintain the view that history is repeating itself. So 60k$ may not be the final bottom of this bear cycle, IMO.

[YOSHIE]

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

For Bitcoin I remain optimistic and my speculation continues to refer to the upcoming halving, my speculation is no matter how much the Bitcoin price falls at this time, the next halving I am sure the Bitcoin price will rise to a higher level exceeding $126k, I have no doubt about that.

I remember before the halving happened, we would be attacked by various negative issues, but none of that made Bitcoin afraid, it was just that investors panicked themselves and they released all their Bitcoins, well that's when regret will come, why else would you regret that the price of Bitcoin is alreadypenetrate to the highest level.

At the moment I personally don't have a negative view of the price of Bitcoin, even though it fell to $60k, for me that's a normal thing in the crypto market, remember that after there is a decline there must be an increase, that's the law of the market.

[Pandorak]

Bitcoin now plummeted to $74,000 after staying above $75,000 and coincidentally that happened over the weekend. We thinks that is a correction and not expected the price to go down too far (but it did). But we don't have to worry and just watch the price moves and prepares our time to enter the market and buy.

No one knows if the price will down to $60,000 but even if that happens, we must use that as a time to buy because we might not see that price in the future.

The investors prepare for their time and also their funds to buy so we should not miss that for our benefits. The war still happens and could become worse so we also need to be ready for anything that happens.

Many analyses suggest that Bitcoin price will drop significantly to $60k, but there are also those who believe the current decline is merely a correction following Bitcoin earlier rally to $82k. Personally, i’m not too concerned about it, a bear market is something that inevitably occurs in every cycle, and we’re currently in that phase. So rather than worrying about further declines, it’s better to focus on budgeting for purchases, that’s exactly what i’m doing right now.

[bitgolden]

While there are cases where we are seeing it go low, the reality is that we should not be considering the bottom is done. You never know if it's done or not, you should be aware that it may not be done, and you could be in trouble if you are not careful about it.

I understand that it looks as if this is not something you are sure about, but to be fair to everyone else, we are seeing something that is volatile, bitcoin could still go to sixty thousand and could even see lower than that too.

[UmerIdrees]

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'.

Do not believe in Arthur Hayes or any famous personalities on their bitcoin predictions. These predictions, if they become true, will let us remember again and again that this person said this, but if they are proved wrong, no one will talk about them, and they will come up with another prediction.

No one knows if 60K was the bottom of this bear market or if we will dump further, it's just speculation, but if this speculation is done by you or me, it doesn't matter, but if done by people like Arthur Hayes, people tend to believe them as if he has seen the future