Arthur Hayes Predicts Bitcoin Dip Before Major Surge – BitRss

Impending Financial Crisis

Hayes forecasts that a collapse in the U.S. 10-year Treasury bond market could trigger a mini financial crisis. He highlights that this scenario would compel the Federal Reserve to reinstate its money-printing policy.

Impact on Altcoin Markets

Should Hayes’ predictions materialize, he suggests that many altcoins may suffer a value decline exceeding 50% during the crisis, presenting accumulation opportunities before the market rebounds.

“I believe this bull cycle is not over; however, a 30% correction in Bitcoin makes a rise to $250,000 by year-end more probable.”

Hayes asserts that a rise in U.S. Treasury yields to 5-6% could serve as a crisis trigger, leading to increased interest rates on mortgages and other loans. He ex…