As reported by Criptonoticias, Arthur Hayes, former CEO of BitMEX and CIO of Maelstrom, stated that Bitcoin has already undergone its correction and is unlikely to return to levels near $50,000. Hayes emphasized that the recent 15% to 35% drop in BTC is typical in a bull cycle and highlighted that the decline from $125,000 to $80,000 revealed liquidity limitations but not a broader crisis. He described the move as a 'canary in the coal mine,' suggesting similar corrections may occur in other assets before the market consolidates. Hayes also noted that Bitcoin's four-year cycle is not programmed but driven by U.S. and Chinese monetary policy. He projected Bitcoin could reach $500,000 by 2026, with the cycle peak likely after the 2028 U.S. presidential election.
Arthur Hayes Predicts Bitcoin Won't Return to $50,000 After Correction
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