Arthur Hayes: Bitcoin Target Down from $500,000 to $125,000On May 15, 2026, speaking at Consensus Miami, BitMEX co-founder and Maelstrom CIO Arthur Hayes @CryptoHayes revealed he has cut his Bitcoin target from $500,000 to $125,000. Hayes explained that as a fixed-supply asset, Bitcoin’s value depends on global fiat liquidity.He noted that Q1's tech and SaaS stock crash driven by AI panic signaled that current money printing cannot counter AI's deflationary impacts, such as layoffs and debt defaults. Ultima ...