Bitcoin and Ethereum on Brink of Bottoming? Arthur Hayes Details Emerge

Is Bitcoin and Ethereum's pain almost over? According to former BitMEX CEO Arthur Hayes, the bottom may be closer than you think. Hayes, a prominent figure in the crypto space, has been sharing his insights, suggesting a potential turning point for the market.

Arthur Hayes Predicts Bitcoin Bottom: $77K and Beyond

Hayes' analysis has caught the attention of investors worldwide. He predicts $77K as the Bitcoin cycle bottom. While Bitcoin is up 3% over the last 7 days, it’s still down 10% in the past 30 days, leaving many wondering if the worst is truly behind us. Hayes believes so, and now, he predicts markets will see a slow grind higher.

Hayes' Portfolio Allocation: Bitcoin, Ethereum, and Altcoins

Arthur Hayes reveals Maelstrom Fund holds 60% Bitcoin and 20% Ethereum, with the rest strategically allocated to altcoins and token deals. This diversified approach reflects his belief in the long-term potential of the crypto market, with Bitcoin and Ethereum forming the core of his holdings.

Bitcoin to $250K? Hayes' Optimistic Outlook

Looking further ahead, Hayes is bullish on Bitcoin's future. He predicts Bitcoin could hit $250K by end of the cycle, painting a potentially lucrative picture for those who weather the current volatility. Bitcoin has hit its bottom, BTC billionaire Arthur Hayes argued.

Decoding the Bottom: Hayes' Fine-Tuned Predictions

BitMEX founder Arthur Hayes has fine-tuned his predictions for Bitcoin and Ethereum's cyclic bottom. Per him, the said bottom is either in, or very close. When the Bitcoin price tanks, traders tend to carefully watch figures like Hayes for signals. His pronouncements carry significant weight in the crypto community.