- Arthur Hayes warns that Bitcoin can fall to $ 90,000 because the US debt trap can restrict market liquidity.
- REKT Capital sees the end of the house in October and does not consider new forecast models.
According to the recent developments in US legislation, Bitcoin could head to a sharp correction to $ 90,000, according to Bitmex co-founder Arthur Hayes. He attributed the possible decline to the expected market reaction after President Trump put the “Big Beautiful Bill” into force on July 4th.
The law, which provides for the increase in the debt limit and tax cuts, passed both the House of Representatives and the Senate. Hayes believes that this could cause the US Ministry of Finance to spend new debt titles, which would cut the liquidity.
In his blog post “Quid Pro Stablecoin”, Hayes warn for caution and believes that Bitcoin could temporarily fall before he picks up his way up again. He also spoke that the Ministry of Finance could refill its general account through a higher borrowing, which would possibly put the financial markets under pressure and would have a strong influence on the prices of assets. In the long term, Hayes is still optimistic.
In May he had assumed that Bitcoin could reach one million dollars by 2028, which would be due to the escape to security of government bonds to other assets.
According to CoinmarketCap, Bitcoin is traded at $ 108,893 on the writing article. That is about 2.75 % below his all -time high of $ 111,970. The price moved last week, but remains just below its maximum of $ 111,814, as Coingecko reports.
Bullrun end in October?
The Kryptoanalyst Straight Capital Believes that the current Bitcoin house -in -house could reach its climax earlier than expected. With reference to previous market cycles, he explained that if Bitcoin follows the cycle 2020, the market could reach its climax in October, about 550 days after halving in April 2024.
“That is two to three months that we have potentially left in this bull market.”
REKT warned that many dealers have become too eager to reject semi -based strategies in favor of new theories. “Many people are happy to throw proven principles out of the window while it is really important to rely on this type of metrics because they will not influence you as much as if you throw everything out of the window,” he said.
In a new video, Rekt pointed out the emotional component of the recent change of perspective and emphasized:
“It is also an emotional thing, and you don’t want emotional things cloud judgment.”
He argued that the persecution of newer narratives, such as the correlation of Bitcoin with the global M2 money quantity, distracts the attention of more stable long-term indicators.
Bitcoin at 250,000? Contrary forecasts ensure debates
While REKT Capital pleads to adhere to the historical halving data, other commentators believe that previous models are no longer viable. Geoff Kendrick, head of the Digital Asset Research division at Standard Chartered, said,
“We believe that thanks to the increasing investor flows, BTC has left the earlier dynamics behind, in which the prices fell 18 months after a ‘halving’ cycle.”
Standard Chartered and Bernstein both see that Bitcoin could possibly reach $ 200,000 by December 2025, while Hayes remains the most optimistic with an end to $ 250,000. The cryptoanalyst crypto auris recently joined the discussion and explained,
“Since the global money supply extends, the next goal for Bitcoin is around $ 170,000 if you follow the development.”
In the ongoing debate, Hayes wrote in a blog post that the US government’s push in the direction of legislation for stable coins-about the genius act adopted by the Senate-had less to deal with the resolutions of inefficiencies in the payment system than the reduction in state deficit.
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