Bitcoin prolonged its losses this week, plunging beneath $104,000 and triggering a wave of panic throughout crypto markets. Whereas BitMEX co-founder Arthur Hayes urged buyers to deal with the dip as a shopping for alternative, influencer Andrew Tate forecasted a far deeper crash.
The 2 figures’ sharply opposing outlooks underscore the uncertainty gripping the digital asset sector. Bitcoin, which hit a file $126,198 on October 7, has fallen greater than 17% in ten days amid renewed US–China commerce tensions and rising banking stress.
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Bulls and Bears Collide Over Bitcoin’s Destiny
Bitcoin dropped practically 2% on Friday, extending a four-month low, based on Coingecko. The decline adopted studies of monetary pressure at Zions Financial institution and Western Alliance Financial institution, fueling fears of wider contagion.
Arthur Hayes dismissed the panic as short-term noise. He wrote on X, “BTC is on sale,” including that if the continuing US regional banking troubles deepen right into a full disaster, buyers ought to put together for a bailout much like 2023.
“Be ready for a 2023-like bailout,” Hayes wrote, urging followers to “go shopping” if they’ve spare capital.
Hayes’ remarks spotlight his confidence that renewed monetary instability might drive capital again into digital property.
“If bailouts happen again, the rebound will be stronger than 2023,” he mentioned.
$BTC on sale. If this US regional banking wobble grows to a disaster be prepared for a 2023-like bailout. After which buy groceries assuming you may have spare capital. I obtained my record, what’s on yours fam? pic.twitter.com/TbuQQI3njN
— Arthur Hayes (@CryptoHayes) October 17, 2025
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Nevertheless, on-chain knowledge level to sustained promoting. Over 51,000 BTC reportedly moved from miners to exchanges final week, seemingly for liquidation. Alternate-traded fund flows additionally confirmed $536 million in every day outflows, marking 4 pink days in 5.
Economist Peter Schiff joined the bearish camp, arguing that Bitcoin has misplaced 34% of its worth in opposition to gold since its peak.
“The idea of Bitcoin as digital gold has failed,” Schiff mentioned, calling this section “the beginning of a brutal decline.”
Bitcoin efficiency over the previous month / Supply: BeInCryptoSponsored
Andrew Tate Predicts Ache Earlier than the Peak
Andrew Tate, a controversial influencer and former kickboxing world champion, predicted that Bitcoin might plunge to what he described because the September 2023 degree of $26,000 earlier than staging a significant rebound.
He argued that merchants’ “blind optimism” was maintaining the market from discovering a real backside.
In his publish, Tate delivered a vivid monologue to his hundreds of thousands of followers, warning that “everything can always get worse.” His central message was clear: “the price can always go lower.”
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Tate’s tone was blunt and pessimistic, constant together with his popularity. The previous athlete has confronted a number of felony fees in Romania, together with rape, human trafficking, and cash laundering—allegations he denies.
Regardless of his authorized troubles, Tate stays extremely influential on-line, selling what he calls a “war room” philosophy centered on wealth and dominance, usually by crypto hypothesis.
He claimed that the market would solely get better as soon as “everybody has lost all their money,” calling that second the true begin of a brand new bull cycle.
Hayes’ optimism and Tate’s pessimism signify two poles of sentiment in a market caught between concern and alternative.
Whether or not Bitcoin rebounds or sinks additional, the distinction between rational accumulation and apocalyptic bravado highlights the psychological extremes shaping at the moment’s crypto buying and selling narrative.
