Arthur Hayes: Buy the BTC dip, target could reach $250K with QE

BitMEX founder Arthur Hayes has recommended buying Bitcoin on dips around the $80,000 level, according to Crypto Briefing. Hayes views the recent downturn as a shakeout of retail investors driven by macroeconomic pressures, asserting that the long-term upward trend remains intact. He predicted that while BTC is facing pressure from shocks in U.S. CPI and PPI data, soaring Treasury yields will compel the Trump administration to expedite a trade agreement with China. While acknowledging the possibility of a short-term correction to $70,000, Hayes added that the price could target $250,000 if the Fed implements quantitative easing (QE).