Arthur Hayes and the Man Who Called Bitcoin Near $100 Say Buy the Dip

Bitcoin (BTC) holders are panicking as the price slid below $80,000. Two crypto veterans say the dip is a buying opportunity rather than a top.

Former BitMEX chief Arthur Hayes and early Bitcoin investor Davinci Jeremie both told followers to stay invested. They called the sell-off a forced shakeout tied to macro pressure.

Hayes Ties Bitcoin Dip to Treasury Yields

Hayes argued that spiking 10-year Treasury yields will force President Donald Trump to secure a trade deal with China. Without one, he warned, TradFi markets would break.

“IMO spiking 10yr TSY yields will force Trump to bring home a deal with China otherwise the wheels are going to fall off TradFi markets. I’m buying dips here,” Hayes said in a post.

Indeed, the 10-year treasury yields are surging, coming after a hot CPI and a shocking PPI spooked markets on Tuesday and Wednesday.

Meanwhile, BeInCrypto data shows BTC at $79,525, down 1.34% over 24 hours. The price sits 37% off its October 2025 record of $126,080.

The slide tracks rising yields and renewed tariff tensions between Washington and Beijing.

The former BitMEX chief had already warned of a slide to $70,000 before recovery. His longer playbook sees Bitcoin reclaiming $250,000 once the Federal Reserve flips to quantitative easing.

Elsewhere, Colin Basco, Deribit Prime Trading quantitative strategist, told BeInCrypto that $80,000 is the line to watch.

“If $80K flips from resistance into support, the bullish interpretation gets much stronger,” said Basco.

He added that ETF flows must keep absorbing supply, not just appearing on dips.

Jeremie Says This Is a Shakeout, Not a Top

In the same tone, Davinci Jeremie pushed back against market fear, highlighting having watched the same shakeout script play out five times since 2011.

Jeremie said he bought Bitcoin near $2 when $32 was widely treated as the cycle peak. His view is that panic sellers tend to regret the exit weeks later.

Thirteen years ago, the YouTuber posted a clip that became one of Bitcoin’s most cited entry calls.

“If you want to become wealthy in the future, I suggest you take $1, buy some Bitcoins, and put it in a wallet,” said Jeremie in May 2013.

Bitcoin traded near $116 at the time of that video. The pioneer crypto has since climbed more than 68,000%, turning every $1 stake into roughly $682 today.

Traders could side with Hayes and Jeremie, but it could all hinge on trade talks.