- Arthur Hayes’ $1 million Bitcoin prediction by 2028 and potential market impact.
- U.S. liquidity policies may drive cryptocurrency price increases.
- Community excitement over Hayes’ optimistic outlook for Bitcoin.
Arthur Hayes, former CEO of BitMEX, shared his projection that Bitcoin could reach $1 million by 2028 during the Token2049 conference in Dubai on April 30.
This forecast is grounded in anticipated U.S. monetary policy shifts and expanded liquidity measures.
Arthur Hayes’ Bitcoin Projection and Market Speculations
Arthur Hayes recently outlined his expectations for Bitcoin’s price (Bitcoin price predictions and market analysis), projecting a potential rise to $1 million by 2028. He highlighted similar past market conditions in Q3 2022 when the U.S. injected $2.5 trillion into markets, paralleling his thesis for future conditions. Hayes underscored the potential of U.S. liquidity measures to elevate Bitcoin and other risk assets. He explained how hedge fund arbitrage could support liquidity through purchasing Treasury bonds. Hayes urged investors to “go long on everything,” including cryptocurrencies and equities. Reaction to Hayes’ projection has stirred significant debate and enthusiasm, especially within crypto Twitter. Many echoed optimism and shared their belief that similar macroeconomic dynamics could bolster Bitcoin and related assets as envisioned by Hayes.
According to CoinMarketCap, Bitcoin (BTC) currently trades at $94,868.12, with a market capitalization of nearly 1.88 trillion USD. The crypto recorded a 1.96% increase over the past 24 hours. Trading volumes reached $24,935,393,228.13, reflecting a 21.48% decrease. Market dominance stands at 63.60%, while its circulating supply is 19,857,996 BTC.
“There is no excuse not to be long #crypto. How many more times must they tell you that the fiat in your pocket is a filthy piece of trash. Believe in the Lord, and he shall set you free. $BTC = $1mm” — Arthur Hayes, Chief Investment Officer, Maelstrom
U.S. Liquidity Influence on Cryptocurrency Markets
Did you know? In Q3 2022, a $2.5 trillion liquidity injection led to a notable rise in BTC value, demonstrating the historical impact of U.S. monetary policy on cryptocurrency markets.
Analysis by Coincu Research suggests that increases in dollar liquidity akin to past Federal Reserve actions could lead to substantial growth in cryptocurrency valuations, particularly for leading assets like Bitcoin. This potential is heightened by geopolitical tensions affecting fiat currencies, reinforcing Hayes’ forecasted upward trajectory for Bitcoin’s price.
Analysis by Coincu Research suggests that increases in dollar liquidity akin to past Federal Reserve actions could lead to substantial growth in cryptocurrency valuations, particularly for leading assets like Bitcoin. This potential is heightened by geopolitical tensions affecting fiat currencies, reinforcing Hayes’ forecasted upward trajectory for Bitcoin’s price.
Source: https://coincu.com/334988-arthur-hayes-bitcoin-forecast-2028/