Prominent crypto analyst Arthur Hayes stated he will not invest in Bitcoin until the Federal Reserve resumes money printing, which he believes will be necessary to fund escalating Middle East conflicts. Hayes warned that prolonged U.S.-Iran tensions could trigger a “massive sell-off” in equities and Bitcoin, potentially pushing BTC below $60,000. Bitcoin has fallen nearly 45% from its 2025 peak of over $125,000.
In a recent podcast appearance, analyst Arthur Hayes outlined his cautious stance on Bitcoin. He stated he would withhold investment until the Federal Reserve begins printing more money to sustain war efforts in the Middle East.
Hayes is unsure if Bitcoin has found a market bottom amid the ongoing U.S.-Iran conflict. He warned, “I think that there is a situation where the longer that this [US-Iran war] carries on, there could be a massive sell-off in equities and Bitcoin.”
He suggested Bitcoin’s price could even fall below the $60,000 mark. The cryptocurrency has faced substantial challenges since hitting an all-time high of $125,080 in October 2025.
Bitcoin has declined nearly 45% from that peak and recently tested the $72,000 level without success. According to CoinGecko data, BTC is down 0.6% over the last 24 hours and 2% over the previous month.
Some analysts still project near-term price recovery despite the bearish pressures. CoinCodex analysts anticipate Bitcoin reclaiming the $80,000 mark soon, predicting a price of $80,681 by March 20, 2026.
However, the same forecast does not expect Bitcoin to hold that level. It predicts a correction back to around $72,000 by early May.
