BitMEX co-founder Arthur Hayes said each super bull market begins by forcing markets through a "wall of worry" built from the dominant fears of the time. In his post, he pointed to several examples across past cycles: the block size debate in 2017, the pandemic in 2020, and the combination of the FTX collapse and central bank rate hikes in 2023. Looking ahead to 2026, Hayes said the market’s fear is centered on AI crypto technology and the FUD surrounding it. He added that money printing will eventually return and that asset prices will ultimately surge. The remarks frame current market anxiety as part of a familiar cycle rather than a break from it.
According to BlockBeats, on Oct. 9, BitMEX co-founder Arthur Hayes said every super bull market starts by pushing through a wall of worry.
He cited the block size debate in 2017, the pandemic in 2020, and the FTX collapse plus central bank rate hikes in 2023 as examples of the fears that defined earlier cycles. For 2026, he said the market is dealing with FUD tied to AI crypto technology.
Hayes added that money printing will eventually arrive and that asset prices will ultimately surge.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
