Tue Jan 07 15:10:00 UTC 2025: **Crypto Market Predicted to Peak in Mid-to-Late March, Followed by Sharp Correction**
NEW YORK – Arthur Hayes, former CEO of BitMEX, has revised his prediction for the cryptocurrency market, now forecasting a peak in mid-to-late March 2025, followed by a significant correction. In a recent Substack post, Hayes drew a parallel between the unexpected early opening of ski resorts in Japan due to heavy snowfall and his own earlier-than-anticipated prediction of a crypto market downturn.
Hayes initially predicted a sell-off tied to Donald Trump’s presidency, believing investors would be disappointed by a lack of pro-crypto policies. He now believes this “Trump dump” occurred between mid-December and the end of 2024.
However, Hayes anticipates a surge in dollar liquidity during the first quarter of 2025, potentially offsetting any negative impact from Trump’s administration and boosting crypto prices. He estimates this increase could reach $612 billion.
Based on this analysis, Hayes advises selling crypto assets in late March to avoid the anticipated correction. As Chief Investment Officer of Maelstrom, he plans to adjust the fund’s strategy, increasing risk and investing in decentralized science (DeSci) shitcoins.
Hayes acknowledged the inherent uncertainty in market predictions, admitting his past accuracy rate has been low. Despite this, he maintains his focus on adapting to new information and adjusting his strategies accordingly.
First Piper 