PANews reported on March 11th, citing Cointelegraph, that BitMEX co-founder Arthur Hayes stated he will not invest in Bitcoin given the ongoing Middle East conflict. Instead, he will wait and see until the Federal Reserve begins easing monetary policy and printing money to support its war machine. Hayes pointed out that while some believe "war is good for Bitcoin," a more accurate statement is "money printing is good for Bitcoin." He expressed uncertainty about whether Bitcoin has bottomed out, warning that continued geopolitical tensions could lead to a massive sell-off in both the stock market and Bitcoin, potentially pushing prices below $60,000 and triggering a chain reaction of liquidations. Although Hayes previously predicted Bitcoin would reach $250,000 by 2026, he emphasized that he would not invest even a single dollar at this point.