Arthur Hayes, a notable figure in the cryptocurrency market, shared his predictions regarding Bitcoin and the crypto market. He expects growth to start with Donald Trump's rise to power, with the market reaching a new peak in the first quarter of 2025.
Bitcoin and Crypto Market Predictions
Arthur Hayes stated in his blog that Bitcoin and cryptocurrencies could reach a new peak in Q1 2025. He believes that Trump's return to power and increased liquidity will create conditions for growth. However, he also warned of a potential correction.
Impact of External Factors on Cryptocurrencies
Hayes noted that external factors such as China's credit policies, Bank of Japan's interest rate decisions, and a possible US dollar devaluation could negatively affect Bitcoin and the crypto market. He expects new highs but warns of a potential drop from mid-April due to tax dates.
Investments in Decentralized Science Tokens
Former BitMEX CEO also revealed his investments in decentralized science (DeSci) tokens. Specifically, he mentioned that his fund, Maelstrom, is investing in this space, purchasing undervalued tokens.
Arthur Hayes' forecast offers intriguing prospects for investors. Despite optimistic expectations for future peaks, it is important to account for potential risks and market fluctuations.
