BitMEX co-founder Arthur Hayes predicts that the current bull market could last until 2026.
Hayes argues that macroeconomic factors like interest rate cuts and money printing will boost the value of Bitcoin and other “hard” assets. Unlike traditional cycles, he argues we’re “right in the thick of it.”
Hayes suggests that the US government will promote stablecoins to address its debt crisis, providing a significant influx of liquidity for DeFi projects. According to the BitMEX founder, stablecoins could render the traditional banking system and the Fed obsolete.
He said Bitcoin investors should be patient and not worry about stocks and gold reaching record highs. He predicted the current bull market could last until 2026 and predicted Trump would implement economic stimulus in mid-2026.
Hayes argues that investments should be made in cash-flow-generating projects like Hyperliquid. He believes that Hyperliquid could grow into a global exchange by meeting the demand for on-chain trading, potentially offering a 100x return by 2028.
Hayes doesn’t believe in the four-year cycle for Bitcoin, stating that the price could reach $150,000, $175,000, or even $200,000. He didn’t set a specific price target for profit-taking and instead said he would monitor money printing expectations.
*This is not investment advice.