Bitcoin will 'explode' past $90,000 on way back to $126,000, Arthur Hayes says
Summary
BitMEX co-founder Arthur Hayes anticipates a strong Bitcoin bull market, asserting that reclaiming the $126,000 record is a foregone conclusion. He suggests that crossing $90,000 will trigger an explosive rally as option writers cover positions. Hayes identifies AI infrastructure spending and global geopolitical instability as key inflationary drivers encouraging money printing, which favors Bitcoin. Additionally, he disclosed that his fund, Maelstrom, is prioritizing altcoins like HYPE, ZEC, and NEAR while advising investors to remain bullish.
(Source:CoinDesk)