Bitcoin’s Big Move: Expected Drop to $70K Before a Surge to $250K, Predicts BitMEX Co-founder
Key Points:
- Bitcoin could correct to $70K-$75K before rallying to $250K by late 2025, says Arthur Hayes.
- Potential “mini financial crisis” might trigger renewed money printing.
- Market volatility continues, but analysts see buying opportunities.
Bitcoin Faces Short-Term Dip Before Massive Surge
Bitcoin could be heading for a sharp correction before skyrocketing to record highs, according to BitMEX co-founder Arthur Hayes. In a recent post on X, Hayes predicted that Bitcoin (BTC) might drop to the $70,000-$75,000 range before embarking on a massive rally toward $250,000 by the end of 2025.
Hayes believes that this dip could be part of a broader financial shakeup, potentially sparking a “mini financial crisis.” He suggests that such turmoil might prompt central banks to resume aggressive money printing—fueling a bullish surge for Bitcoin.
Market Volatility Raises Concerns
Bitcoin has been on a rollercoaster ride in recent weeks. Currently trading at $102,876, BTC recently dipped below the $100,000 mark, hitting approximately $97,800 during Asian trading hours on Jan. 20. This decline followed the release of DeepSeek R1, triggering speculation about further drops in Bitcoin’s price.
Crypto analyst Michael van de Poppe, founder of MN Capital, reassured investors, describing the dip as a “short-term shock.” While acknowledging the risk of further downside, he pointed out that Bitcoin has now entered an “exciting entry zone” for long-term investors.
What’s Next for Bitcoin?
While the market remains uncertain, Hayes’ forecast of a $250,000 Bitcoin price by late 2025 paints a bullish long-term picture. Whether or not Bitcoin rebounds as expected, traders and investors will be closely watching the next key support levels in the coming weeks.
Will Bitcoin’s price correction lead to a massive rally? The coming months could be crucial for crypto investors.
