Does Bitcoin reach 200 thousand dollars or collapse to 100 thousand?

Bitcoin recorded during the past few days a new record leap towards the level of 118,856 dollars, which sparked a wave of optimistic expectations that it is on its way to penetrate the $ 200,000 barrier by the end of 2025.

But a sudden warning from Arthur Hayes, co -founder of Bitmex platform, turned the scene upside down by expecting only about $ 100,000.

Arthur Hayes warns .. The decline is coming due to the weak economy

Hayes explained in a post on the X platform that the major markets do not pump adequate credit to pay the nominal GDP, which means that the liquidity cycle supporting the heights in encrypted assets may shrink soon.

According to Hayes, this credit slowdown may pressure with expected American legislation on the price of digital currencies sharply.

What supports Hayes tone is what happened during the past 24 hours, as the market value of the cryptocurrencies decreased by more than 3% to recorded 3.76 trillion dollars, and the Bitcoin price decreased from approximately 114 thousand to $ 112,113 before the rise came back about $ 113,494 at the time of the preparation of this report.

The losses are increasing and some see an opportunity to buy

The rapid decline led to the liquidation of centers worth $ 372 million in just one day, as more than 115,000 traders were exposed to the losses, especially those who bet on continuing the rise.

According to Coinglass, the long -standing traders of the liquidation export the volume of 322 million dollars for only $ 65 million for short centers, and Ethereum was the highest in the liquidation volume with $ 119 million, followed by Bitcoin with 62 million dollars.

Is the rise of 200,000 still possible?

On the other hand, institutions such as BitWise and Standard Charged emphasize that upcoming expectations are still in place, based on the continuous ETF funds and the purchases of major companies.

Matt Hogan, the chief investment official in BitWise, believes that the goal of 200,000 is not an exaggeration, especially in light of the decrease in currency stocks in the stock exchanges to the lowest level since 2015, indicating the depletion of supply and increased demand.

This optimism coincides with the movements of investors towards alternative currencies, to emerge here, REMTTIX (RTX) as an emerging “Payfi” project that provides the services of transforming encrypted currencies to paper currencies in more than 30 countries without central intermediaries.

According to the report, Remittix managed to raise $ 17.9 million in the pre -offering stage, and a mobile portfolio is expected to be launched in the third quarter of 2025.

Some analysts expected the currency to grow hundreds or thousands of percent before the official listing.