BitMEX co-founder Arthur Hayes has made a bold prediction about the future of Bitcoin prices, suggesting that the cryptocurrency could experience a significant correction in the coming months.

Bitcoin Price Correction Predicted

According to Hayes, Bitcoin could potentially pull back toward the $70,000 to $75,000 range, which would represent a substantial drop from its current price of around $102,876. This correction, Hayes believes, could trigger a “mini financial crisis” and result in a renewed wave of money printing. Ultimately, this development could propel Bitcoin’s price to $250,000 by the end of 2025.

“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.”

Market Volatility Sparks Speculation

Hayes’ prediction comes amid a broader slump in the crypto market, with Bitcoin experiencing a significant decline following the release of DeepSeek R1 on January 20. This drop has sparked a range of speculations from analysts about how much further Bitcoin prices may fall.

Analyst Downplays Concerns

Michael van de Poppe, founder of MN Capital, has downplayed concerns over the current market volatility, describing the drop as a “short-term shock.” Van de Poppe cautioned against reacting hastily to short-term market fluctuations and pointed out that Bitcoin has reached what he termed an “exciting entry zone.”

“I don’t think there’s a reason to panic. Short-term shock and panic reaction on the markets causing AI and Crypto to drop. Bitcoin reached an exciting entry zone, marked this earlier.”

Van de Poppe acknowledged that if Bitcoin fails to maintain this support, a drop to the range lows is likely. For investors looking to navigate the current market volatility, it’s essential to stay informed and consider the following tips:

  • Stay up-to-date with the latest market news and analysis.
  • Consider the long-term potential of Bitcoin and the broader crypto market.
  • Be cautious of short-term market fluctuations and avoid making impulsive decisions.

For more news and updates on the crypto market, visit Global Crypto News.

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