Is Elon's Empire Crumbling?

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

Arthur Hayes: 'Be Patient' - Bitcoin's 36% Correction Is Just Another Bull Market Move

Khyathi Dalal
March 11, 2025

BitMEX co-founder Arthur Hayes remains unfazed by Bitcoin's (CRYPTO: BTC) recent correction, viewing it as part of a natural cycle in a bull market. He believes macroeconomic forces will determine the next major move.  

What Happened: In a post on X on Tueday, Hayes urges investors to stay patient, expecting Bitcoin to find support around $70,000--a standard 36% retracement from its $110,000 all-time high.

He predicts a major stock market crash and the failure of a key financial institution before central banks step in with liquidity easing.

For traders, he suggests the safest move is waiting for central bank action to avoid prolonged drawdowns, though aggressive buyers may front-run the pivot.

In a separate post, Hayes reiterated that Bitcoin operates as a true free market, trading 24/7 without bailouts--liquidations happen naturally.

Stocks, by contrast, trade only on weekdays, are restricted to certain participants, and often receive government intervention when politically convenient.

In a fiat liquidity crisis, Hayes asserts, Bitcoin moves first--both down and up--before equities follow.

Also Read: Bitcoin’s Heading To $73,000 Without A Fresh Narrative: 10x Research

What's Next: Hayes further acknowledged Bitcoin's rough start to the week, projecting a move to $78,000.

If Bitcoin struggles, he sees $75,000 as the next key level. He warns of potential volatility due to significant open interest in options between $70,000-$75,000.

Read Next:

  • Bitcoin Down 17% In 30 Days: How Much Lower Can It Go?

Image: Shutterstock

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