[Arthur Hayes: Bitcoin may first dip to $80,000–$85,000, and rise to $200,000–$250,000 by year-end] According to a report by Golden Finance, BitMEX co-founder Arthur Hayes stated in his latest blog post, 'Snow Forecast,' that: 'Bitcoin has dropped from $125,000 to the $90,000 range, while the S&P 500 and Nasdaq 100 indices remain near historical highs. This leads me to believe that a credit event may be brewing. When I observe the decline in the U.S. dollar liquidity index since July, this view is further confirmed. If this judgment is correct, the stock market may see a 10%–20% correction, while the 10-year U.S. Treasury yield approaches 5%, which would force the Federal Reserve, Treasury, or other U.S. government agencies to urgently introduce some form of money-printing scheme. During this weak period, Bitcoin may dip to $80,000–$85,000. If broader risk markets collapse and the Federal Reserve and Treasury accelerate money-printing measures, Bitcoin could surge to $200,000–$250,000 by year-end.'