How Low Can Bitcoin Go? Arthur Hayes Says the Bottom May Be Close

The post How Low Can Bitcoin Go? Arthur Hayes Says the Bottom May Be Close appeared on BitcoinEthereumNews.com. The post How Low Can Bitcoin Go? Arthur Hayes Says the Bottom May Be Close appeared first on Coinpedia Fintech News The entire crypto markets were rocked after the U.S. military launched airstrikes on Iran’s nuclear facilities, causing over $1 billion in crypto liquidations. Bitcoin plunged to $99,000, breaking a 44-day streak above six figures.  Meanwhile, the crypto has since been consolidating in a downward channel. Key levels to watch are $100K and $92K for support, with resistance near $107K and $112K. The fear of escalating war, possibly triggered by Donald Trump, sent both crypto and traditional markets into turmoil.  War = Volatility… and Printing? Despite the chaos, Altcoin Daily analysts believe this dip is a buying opportunity. Historically, markets have rallied during wars due to increased government spending and money printing. While a full-scale war is unlikely, any de-escalation could trigger a major relief rally. Bitcoin dipping into the low $90K, or even $80K, would not break market structure, the analyst insists. Do you hear that? … it’s the sound of the money printers revving up to do their patriotic duty. This weakness shall pass and $BTC will leave no doubt as to its safe haven status. pic.twitter.com/PTfZaAXFp7 — Arthur Hayes (@CryptoHayes) June 22, 2025 Arthur Hayes, Co-Founder of BitMEX, suggests that central banks are preparing to print more money in response to current market weakness. He believes this will strengthen Bitcoin’s position as a safe haven asset, saying BTC will soon prove its true value. Short-term Haul? However, Glassnode reports that since April, Bitcoin corrections have repeatedly bounced off the Short-Term Holder Realized Price, the average cost basis for investors holding under 155 days. However, the STH-MVRV has now dropped to just 0.03, indicating that recent buyers are sitting on only 3% unrealized gains, reflecting growing pressure on…

Jun 23, 2025 - 15:00
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How Low Can Bitcoin Go? Arthur Hayes Says the Bottom May Be Close

The post How Low Can Bitcoin Go? Arthur Hayes Says the Bottom May Be Close appeared on BitcoinEthereumNews.com.

The post How Low Can Bitcoin Go? Arthur Hayes Says the Bottom May Be Close appeared first on Coinpedia Fintech News The entire crypto markets were rocked after the U.S. military launched airstrikes on Iran’s nuclear facilities, causing over $1 billion in crypto liquidations. Bitcoin plunged to $99,000, breaking a 44-day streak above six figures.  Meanwhile, the crypto has since been consolidating in a downward channel. Key levels to watch are $100K and $92K for support, with resistance near $107K and $112K. The fear of escalating war, possibly triggered by Donald Trump, sent both crypto and traditional markets into turmoil.  War = Volatility… and Printing? Despite the chaos, Altcoin Daily analysts believe this dip is a buying opportunity. Historically, markets have rallied during wars due to increased government spending and money printing. While a full-scale war is unlikely, any de-escalation could trigger a major relief rally. Bitcoin dipping into the low $90K, or even $80K, would not break market structure, the analyst insists. Do you hear that? … it’s the sound of the money printers revving up to do their patriotic duty. This weakness shall pass and $BTC will leave no doubt as to its safe haven status. pic.twitter.com/PTfZaAXFp7 — Arthur Hayes (@CryptoHayes) June 22, 2025 Arthur Hayes, Co-Founder of BitMEX, suggests that central banks are preparing to print more money in response to current market weakness. He believes this will strengthen Bitcoin’s position as a safe haven asset, saying BTC will soon prove its true value. Short-term Haul? However, Glassnode reports that since April, Bitcoin corrections have repeatedly bounced off the Short-Term Holder Realized Price, the average cost basis for investors holding under 155 days. However, the STH-MVRV has now dropped to just 0.03, indicating that recent buyers are sitting on only 3% unrealized gains, reflecting growing pressure on…

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