Arthur Hayes says BTC could dip below $60K in short term

Bitcoin could fall below $60,000 in the short term, BitMEX co-founder Arthur Hayes said on a recent podcast. He stated that he would not invest further in BTC at its current price unless the U.S. Federal Reserve first expands liquidity. Hayes also suggested that escalating conflict between the U.S. and Iran could trigger a short-term sell-off. However, he added that his long-term forecast remains unchanged, predicting that BTC will eventually rise to between $250,000 and $750,000 within the current cycle. Hayes presented a similar outlook at the end of last month.