TechFlow News, March 11: According to a Cointelegraph report, Arthur Hayes, co-founder of BitMEX, stated on the Coin Stories podcast that although he previously predicted Bitcoin would reach $250,000 this year, he currently will not invest in Bitcoin and instead chooses to wait. Hayes said: “If I had $1 to invest right now, I would not put it into Bitcoin—I would wait.”
Hayes noted that he will buy Bitcoin when the U.S. Federal Reserve begins easing its monetary policy, emphasizing, “I’ll buy Bitcoin when central banks start printing money.” He believes the more accurate view is that “money printing benefits Bitcoin,” rather than “war benefits Bitcoin.”
Hayes also warned that ongoing geopolitical tensions in the Middle East could trigger sharp sell-offs in both stock markets and Bitcoin, potentially causing Bitcoin to fall below $60,000 and triggering widespread liquidations.
