Arthur Hayes Predicts Bitcoin’s Floor at $80,000, Signaling a Potential Relief Rally

Arthur Hayes, co-founder of BitMEX, believes that Bitcoin (BTC) has found its bottom at the $80,000 level last week. This prediction suggests a potential relief rally for the cryptocurrency market as Bitcoin reclaims its $90,000 price range following a sustained downward trend. While some analysts expected further dips before finding stability, Hayes’s view points to a turning point for Bitcoin and signals a possible bullish trend.