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

[tabas]

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.

We all knew that it is going to happen. The price will go back to the former ATH and that is what's happening from time to time and each cycle that passes by.

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.

We've seen those series of printing more USD and then has helped the price of Bitcoin to pump. As for AI, it's an overcrowded industry, they say as an overvalued one. But if someone says that we've already bottomed, we have to see if it actually is. This year is still long before it ends and there could have another bottom and that $60k will be just a part of it.

[FinneysTrueVision]

Bitcoin did bottom out at $60k and I don’t see it going back there any time soon. That does not mean that $126,000 is a foregone conclusion as Hayes stated. One event does not guarantee the other. He does make a lot of valid points, especially about inflation and money printing. It’s not just his usual hyperbolic predictions. If things go the way Arthur expects, this should be good for Bitcoin. With how unpredictable US policy is under Trump, there are also plenty of good counterarguments. I myself am not so optimistic about Bitcoin going back to its previous all-time high this year.

[Perfectbaby]

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…

That is all and we don’t need anything more than this you have already spoken.
As we know people do express what they don’t understand and at last would say that is not an investment advise, of course we know that most people are just saying that to boost their exposure.
As a bitcoin lover, what we know is that whenever the market is down you utilise the opportunity and when it goes up you likewise do the needful.