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Bitcoin’s recent pullback hasn’t shaken market sentiment, and industry veteran Arthur Hayes is confident in the asset’s long-term strength. In a June 22 X post, BitMex co-founder Arthur Hayes offered an optimistic take on Bitcoin’s ( BTC ) outlook, hinting at renewed strength ahead despite the ongoing market volatility. “This weakness shall pass and $BTC will leave no doubt as to its safe haven status,” he wrote. In his view, the recent dip is just a temporary phase, and the broader economic backdrop could soon turn favorable for Bitcoin. Hayes suggested that the rising global pressure may lead to increased liquidity injected into the financial system, which could benefit and restore Bitcoin as a reliable store of value. Do you hear that? … it’s the sound of the money printers revving up to do their patriotic duty. This weakness shall pass and $BTC will leave no doubt as to its safe haven status. pic.twitter.com/PTfZaAXFp7 The BitMex co-founder’s comments came after Bitcoin briefly dipped below the $100,000 mark during the weekend, hitting $98,000 amid growing geopolitical tensions . While the asset has since bounced back to trade above $101,000, the recent slide marked its lowest level since early May, roughly an 11% drop from its highest point during this period. The decline in the market giant’s price was not isolated, and part of a broader downturn across the crypto market , marked by severe liquidations and a plunge in the market capitalization of all cryptocurrencies. Arthur Hayes is not the only industry figure bullish on BTC. Pro-Bitcoin Michael Saylor also recently reaffirmed his positive outlook on Bitcoin, saying, “Nothing stops this orange” in a separate post . However, from a technical perspective, Bitcoin still shows signs of short-term weakness. Market analyst Rekt Capital pointed out that Bitcoin is again testing key support around $104,400, a level it has dipped below for the second time in recent weeks. #BTC Two weeks ago, Bitcoin downside wicked almost -4% below $104400 before ultimately Weekly Closing above said level This week, Bitcoin is downside wicking -5% below $104400 Of course, Bitcoin could very well confirm a breakdown But until the Weekly Close is in, it's not a… https://t.co/owl2S0V9ur pic.twitter.com/jPe5qUaCnC Unless the token closes the week above this level, the $104,400 level may flip into resistance, opening the door to further downside. Bitcoin is trading at $101,712 at press time, holding steady over the past 24 hours as its rebound continues.

What a wet owl looks like

Owlto Finance mainnet has been online for two years, with a total of over 13 million transactions completed The cross-chain interoperability protocol Owlto tweeted that the mainnet has been online for two years. In the past two years, it has accumulated 2.6 million users, connected more than 70 networks, completed more than 13 million transactions, signed in 11 million times per day, and deployed more than 29 million smart contracts. In addition, Owlto released a new slogan "All Roads Lead to Rome, Owl Roads Lead to Alpha", and hinted that there will be major news soon.

RT @Rainmaker1973: An owl pretending to be a moth.