Arthur Hayes, the BitMEX founder, and Davinci Jeremie, who correctly predicted Bitcoin's near-$100 bottom in 2023, are both signaling to accumulate Bitcoin at current levels as BTC trades near $80,000 amid macro headwinds.
Hayes has consistently maintained a bullish stance throughout market corrections, viewing dips as entry opportunities for long-term holders. His position reflects confidence in Bitcoin's technical foundation despite near-term volatility driven by broader economic uncertainty. Jeremie's track record lends credibility to the call. He publicly identified Bitcoin's bottom near $16,000 in 2022 and followed up with an accurate prediction of a secondary bottom near $25,000, earning recognition in crypto circles for macro market timing.
The pair's endorsement arrives as Bitcoin faces selling pressure from risk-off sentiment. Traditional markets show signs of stress, with equity volatility increasing and bond yields moving unpredictably. This creates a challenging macro backdrop for risk assets. Bitcoin's proximity to $80,000 represents a significant pullback from recent highs, triggering stop-losses and forcing liquidations on leveraged positions.
Both analysts view the current correction as temporary. Hayes points to Bitcoin's long-term structural strength and adoption narrative, while Jeremie's historical accuracy suggests he sees this dip as a continuation of the larger bull market structure rather than a trend reversal.
On-chain data shows mixed signals. Whale accumulation has picked up during recent weakness, though exchange inflows indicate some retail capitulation. Funding rates on futures markets turned negative, suggesting overleveraged shorts are being positioned for a bounce.
The buy-the-dip narrative carries risk. If macro conditions deteriorate further, Bitcoin could test lower support levels. However, Hayes and Jeremie's combined track record has attracted followers seeking strategic entry points in volatile markets. Their calls carry weight precisely because neither trader has abandoned Bitcoin's long-term thesis despite proven ability to time significant corrections.