Former BitMEX CEO Arthur Hayes sees $76,500 as a critical support level for Bitcoin, and if it remains above that mark until April 15, stability will return.
Hayes predicts that Bitcoin will reach $250,000 by 2025, driven by the Federal Reserve's money printing and liquidity expansion.
Hayes believes that U.S. monetary policy, including restarting money printing, will result in a flood of dollars entering the system, providing support for Bitcoin.
Hayes suggests that relaxing banking rules and Treasury buying could unlock billions for Bitcoin, leading to a climb to $110,000 even before a retest of the $76,500 low.