Hayes Sees Bitcoin Bottom at Sub-$82K, Eyes $200K
Arthur Hayes, co-founder of BitMEX, says the Bitcoin bottom may be near after the price fell below $82,000, its lowest in six months. He attributes the slide from October’s high of $126,000 to USD market liquidity shortages and broader tech stock corrections. Hayes advises traders to wait for a liquidity rebound and market signals before adding positions.
Veteran analyst Peter Brandt echoes this view, forecasting a potential drop to $58,000 ahead of a new bull cycle that could push Bitcoin toward $200,000. Brandt points to historical patterns, like the 2019–2020 crash and 72% plunge, as typical market cycle corrections. Investor Raoul Pal also highlights past cycles where deep price corrections led to record highs.
Despite short-term volatility, both Hayes and Brandt maintain a long-term bullish outlook. They stress that price corrections can set the stage for future growth. Traders should watch liquidity conditions and market sentiment for signs of a sustained recovery.
Bullish
Arthur Hayes’ prediction of an imminent Bitcoin bottom signals potential stabilization in the BTC price cycle. With the price dipping below $82,000 and liquidity conditions cited as the main issue, a recovery in USD market liquidity may trigger a price rebound. Combined with Peter Brandt’s historical analysis—where past 70%+ corrections preceded strong bull runs—and Raoul Pal’s reference to record highs following deep pullbacks, the consensus favours an upward trajectory. Such expert forecasts often boost trader confidence and can lead to increased buying around perceived support levels. In similar past events, like the 2019–2020 correction, Bitcoin retraced over 70% before rallying to new peaks. While short-term volatility remains, these signals typically mark the start of a new bull market phase. Therefore, this news is likely bullish, encouraging traders to monitor liquidity flows and prepare for potential long positions.