Hayes Believes Bitcoin Already Found Its Bottom
BitMEX co-founder Arthur Hayes believes Bitcoin may have already hit its cycle low near $60,000, with the market now preparing for a much larger move higher.
In a recent market analysis, Hayes argued that growing global spending on artificial intelligence, defense, energy infrastructure and supply chains will force governments to inject more liquidity into the financial system. According to him, that wave of new credit could become a major catalyst for Bitcoin.
Why Hayes Thinks Bitcoin Can Reach $126K
Rather than focusing on ETFs or short-term technical indicators, Hayes sees the bigger picture. He believes the global economy is entering another era of aggressive spending, driven by AI development, military investment and strategic infrastructure upgrades.
His thesis is straightforward: more spending requires more borrowing, and more borrowing increases liquidity across markets. In that environment, scarce assets like Bitcoin tend to benefit the most.
Hayes said Bitcoin reclaiming the $90,000 level could trigger stronger momentum, potentially opening the door for a rally toward $126,000.
Maelstrom Bets on More Than Just Bitcoin
Beyond Bitcoin, Hayes revealed that his family office, Maelstrom, is heavily exposed to projects tied to trading infrastructure, privacy and AI-related blockchain narratives.
Among the assets he highlighted were HYPE, ZEC and NEAR, which he sees as positioned to benefit from the next phase of crypto market growth.
While Bitcoin remains the core macro trade in his view, Hayes believes the next cycle could also favor sectors connected to decentralized finance, privacy-focused networks and AI-powered blockchain ecosystems.
Disclaimer: This content does not constitute trading or investment recommendations. It’s essential to conduct your own research before purchasing any cryptocurrency or investing in any services.
