- Arthur Hayes advocates a wait-and-see approach, stating he would not invest his next dollar in Bitcoin at current levels.
- The Bitmex co-founder links his future buying trigger directly to the US Federal Reserve restarting monetary easing and “printing money.”
- While maintaining a long-term $250,000 price target, Hayes warns ongoing geopolitical conflict could trigger a major sell-off, potentially pushing Bitcoin below $60,000.
Arthur Hayes, the co-founder of BitMEX, revealed in a podcast published Tuesday that he is holding off on new Bitcoin purchases despite his famously bullish long-term outlook. He explicitly stated, “If I had $1 to invest right now, would I be putting it into Bitcoin? No. I would wait.”
His hesitation stems from current US monetary policy and geopolitical tensions. Hayes believes the prolonged conflict could force the Fed to finance military spending through renewed money printing.
Consequently, he directly ties his investment timing to central bank action, declaring, “That’s when I’m going to buy Bitcoin when the central banks start printing money.” He clarified that money printing, not war itself, is ultimately bullish for the cryptocurrency.
Hayes remains uncertain if Bitcoin has found its price bottom, noting it is currently down 45% from its October all-time high of $126,000. He warned that extended hostilities risk triggering a massive sell-off in both equities and Bitcoin.
This could potentially drive Bitcoin below the $60,000 support level. Such a move might initiate a cascading liquidation event across markets.
However, Hayes has not abandoned his ultra-bullish year-end prediction of $250,000, which he upheld as recently as last October. He also speculated there may not be many more years where Bitcoin trades below $100,000.
Meanwhile, other analysts like Michaël van de Poppe express more immediate optimism, linking Bitcoin’s potential upside to a strong surge in the Nasdaq. Their contrasting views highlight the ongoing debate about short-term market direction.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
