Bitcoin Correction Alert: Arthur Hayes Warns Of Drop To $75K

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Bitcoin Correction Alert: Arthur Hayes Warns Of Drop To $75K - NewsBTC

Quick Summary:

Analysts Split As Active Users Hit All-Time Highs A Potential Mini Financial Crisis According to Hayes, the global financial system might experience a “mini financial crisis.” This event could force Bitcoin to assess reduced support levels even if it is still appealing to investors looking for a safety net from traditional financial tremors.

I am calling for a $70k to $75k correction in $BTC, a mini financial crisis, and a resumption of money printing that will send us to $250k by the end of the year.pic.twitter.com/wohvbKkXOf — Arthur Hayes (@CryptoHayes) January 27, 2025 Liquidations And Market Reactions The market is rather volatile.

Related Reading: Trump Daughter Ivanka Slams Fake Crypto Coin Exploiting Her Name Bitcoin’s Prospective Future Despite the warning, Hayes stays positive about Bitcoin’s future, even with the current uncertainties.