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#Coins to Buy on the Dip
Bitcoin, when will the fall stop?
Cryptocurrency derivatives exchange Bitx co-founder Arthur Hayes recently stated that although he believes the market is still in a bull cycle, in the worst-case scenario, he expects BTC to return to its previous all-time high of $70,000. However, in the long term, Hayes remains optimistic about the future trend of BTC. He said, 'No matter what happens, we will cautiously buy the dips during the downturn, not using leverage, and wait for the eventual financial turmoil in the global market (especially in the United States), which will bring BTC to a price of $1,000,000 or higher.' Gracy Chen, Managing Director of the cryptocurrency trading platform Bit, stated that despite the increasing interest of institutional investors in BTC, the price of BTC may still fall to the range of $72,000 to $80,000. Currently, global investors are increasingly concerned about the escalating geopolitical tensions and the potential for retaliatory tariffs to exacerbate global trade disputes. Chris Weston, Research Director of Pepperstone Group Ltd., wrote in a report, 'Market anxiety levels have been elevated, and we see traders having to make proactive and dynamic responses. In any case, market volatility is on the rise, and we need to be prepared for potential breaking news at any time.'