Based on CoinRepublic, Arthur Hayes, founder of BitMex, claims that Bitcoin (BTC USD) has found a local bottom near $80,000. He attributes the recent price crash from August to November to liquidity outflows driven by major investment firms and Bitcoin ETFs. Hayes also explained how U.S. Treasury debt issuance and concerns over the AI bubble have worsened market liquidity. He believes that increased lending activity could signal a bullish bias for the market and potentially lead to a Bitcoin rally in 2026.
Arthur Hayes Identifies $80,000 as Bitcoin's Local Bottom Amid Liquidity Shifts
The Coin RepublicShare
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