Bulgakov’s Bitcoin Bonanza: BitMEX Guru Muses on Treasury Turbulence & The Great Shakeout Showdown

by

When Bitcoin slipped under the $80,000 mark, the crypto world tilted as if a bureaucrat had misplaced the rulebook. Yet two seasoned knights in the realm of digital coin decided the dip was a quarry, not a death knell.

Arthur “Vault” Hayes, former overlord of BitMEX, and Davinci Jeremie, early investor with a penchant for flamboyant hats, urged their flock to keep their wooden horses in their beds, insisting the market’s dive was but a forced, playful splash orchestrated by macro forces that mock the wise.

Hayes Ties Bitcoin Dip to Treasury Yields

Hayes prophesized that the sudden rise in 10‑year Treasury yields would compel President Trump to secure a trade deal with China, lest the very gears of TradFi grind to a halt.

“IMO spiking 10yr TSY yields will force Trump to bring home a deal with China, otherwise the wheels are going to fall off TradFi markets. I’m buying dips here,” Hayes said in a post.

The surge in yields came hurtling after a sizzling CPI and the visceral shock of a PPI report that sent nervous traders scrambling to their aetheric pens.

Meanwhile, BeInCrypto reports that BTC sits at $79,525, a modest 1.34% drop in 24 hours, and a staggering 37% away from its October 2025 zenith of $126,080.

The slide follows the twin twin of rising yields and relentless tariff theatrics between Washington and Beijing.

TRUMP, XI TO WEIGH TARIFF CUTS ON $30B OF IMPORTS – REUTERS

– Wall St Engine (@wallstengine) May 13, 2026

The former BitMEX chief had already foretold a slide to $70,000 before the rebirth. His long‑term gospel sees Bitcoin climbing to $250,000 once the Federal Reserve decides to embrace free‑hand liquidity again.

Elsewhere, Colin Basco, the quantitative wizard of Deribit Prime Trading, declared that the $80,000 line is comparable to a broken step that could either spook the crowd or serve as a sturdy bridge.

“If $80K flips from resistance into support, the bullish interpretation gets much stronger,” Basco said.

He added that ETF flows must keep devouring supply, rather than simply appearing during dips like a harem queen showing up at a banquet.

Jeremie Says This Is a Shakeout, Not a Top

In a voice that could have come straight from a cafe in St. Petersburg, Davinci Jeremie shrugged off market hysteria, reminding everyone that the same melody has been rewound five times since 2011.

It’s not a dip, it’s a shakeout.

– Davinci Jeremie (@Davincij15) May 13, 2026

Thirteen years ago, the flamboyant YouTuber posted a clip that became the prayer of every coffee‑sipping investor enamored with Bitcoin’s miracles.

“If you want to become wealthy in the future, I suggest you take $1, buy some Bitcoins, and put it in a wallet,” Jeremie said in May 2013.

At that time, Bitcoin hovered near $116. Today, it has vaulted over 68,000%, turning a single dollar into a small fortune, or at least a dramatic bragging right.

Traders can side with Hayes and Jeremie, but ultimately the outcome might just hinge on whether Trump and Xi can bench the same handshake dance.

Read More

2026-05-13 18:50