Arthur Hayes, co-founder of BitMEX and CIO of Maelstrom Fund, is forecasting a strong multi-year bull run for Bitcoin, fueled by a global surge in fiat liquidity.
In a recent interview, Hayes said reflationary policies worldwide are creating ideal conditions for crypto growth.
“It’s a great time to be in the crypto ecosystem,” said Hayes. “More fiat money is chasing scarce assets. The bull market’s going to continue—and it’s going to be a fun party.”
$1 Million Bitcoin Target by End of Trump’s Term
Hayes projected that Bitcoin could rise 10x from current levels, reaching or surpassing $1 million by early 2029. He links the timeline to the end of former President Donald Trump’s expected term, predicting that massive monetary expansion will drive BTC to that nominal target.
Hayes also expressed skepticism about the U.S. dollar and Treasury bonds, warning that rising supply will continue to erode their value.
“The dollar depreciates against gold and BTC. Treasuries are probably the worst asset to hold—they need to devalue because there’s just too many out there,” he said.
Hayes’ outlook aligns with a growing narrative in the crypto space that inflationary pressures and loose monetary policy will further accelerate the adoption of Bitcoin as a store of value.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/arthur-hayes-revealed-when-bitcoin-could-hit-1-million/