Arthur Hayes bets on Bitcoin as the dominance is nearly 70% and Altcoins struggles

• Arthur Hayes has bought Bitcoin and expects its advantage to reach 70% while avoiding altcoins.
• Bitcoin’s advantage is rising, reaching its highest level since 2020, indicating the preferences of BTC investors.

Arthur Hayes, co-founder of BitMex and CIO at Maelstrom, doubled Bitcoin. At X, Hayes announced that he is buying Bitcoin ($btc). “I’m choosing BTC all day long and I’ll continue doing that.” He focused on the domination of Bitcoin and pointed it out as the best indicator to follow. “Zoom to 70%” Indicates that the altcoins need to be treated with care.

Hayes says he’s not interested in increasing investment in what he said. “Shit supermarket” We quote the money print as the only policy option available to those in power.

His stance points to the hopes of continuous liquidity injections by central banks, a macro environment in which Bitcoin usually thrives.

BTC’s advantages skyrocket while Altcoins face pressure

Bitcoin’s advantage is now above 63.9% for the first time since October last year. According to analyst Rektcapital, BTC is currently testing key resistance levels. When clearing the current range, the next level confluence was about 67%, and was considered an important zone of resistance for the bull in past cycles. A further increase in that level could indicate the accuracy of the 70% superiority prediction for Haze.

The increased dominance clearly shows investors strongly prefer Bitcoin, especially whenever market volatility wins. The larger market for Altcoins was not that strong, but most assets have deteriorated during recent sales.

Bitcoin began a upward dominance trend in 2023 when it rose from its multi-year descending channel. Since the breakout point, the monthly chart shows monthly closures depicting support for the structural market. The trendline remains positive, indicating that Bitcoin’s benefits have been further enhanced in 2025, even if prices fluctuate.

A sudden price adjustment will result in $1.23 billion in liquidation

Despite a major bullish run to start last week’s year, Bitcoin fell over 10% on Monday, reaching $74,400. This is just under 30% from a previous record high of $109,100. This has been a big success across the cryptocurrency derivatives market as Coinglass showed a forced liquidation of $1.23 billion in one day.

Of the total, Bitcoin donated $430 million to these losses, while Ethereum liquidation was $343.52 million. The timing of weekend sales has worsened effectiveness as continuous trading times allow for the presence of weakness.

According to a chart provided by Crypto analyst Ali Martinez, Bitcoin faces a critical zone of resistance of around $87,000. The zone consists of a 50-day and 200-day moving average and a downward downward long-term trendline. Also, this level did not allow a favorable price, resulting in breakdowns and many liquidation.