Bitcoin

Arthur Hayes Predicts Bitcoin Price Will Hit $1M by 2028 At Token2049 Event

Bitcoin is back to its bullish form and exceeding $ 95,460, reaching a two -month summit. Its market capitalization reached 1.88 dollars, with a daily negotiation volume up 13% to 28 billion dollars. The current price action is just above the crucial support range from $ 90,000 to $ 92,000. Looking at the current scenario, Arthur Hayes, Cio de Maelstrom, again predicted that Bitcoin could reach $ 1 million by 2028.

Speaking at the Token2049 conference in Dubai, Hayes shared his strong conviction that the increase in dollar liquidity will be the main force behind a major crypto rally. He encouraged investors to adopt an upward position on cryptography and traditional actions.

American liquidity could push higher markets

Hayes stressed that the American economy is likely to go to another series of money. He compared the current market in the third quarter of 2022, when fears of the increase in interest rates and the collapse of the FTX were high. At that time, the United States intervened with 2.5 billion of dollars thanks to a financing program, helping the markets to recover. Hayes thinks that a wave of similar liquidity is coming, and that will benefit Bitcoin.

Trump’s pricing plans create market stress

The uncertainty of the market increased after President Donald Trump announced his intention to impose heavy prices on the main business partners. Although the prices have been interrupted for 90 days, investors remain cautious. Hayes said that the president of the federal reserve Jerome Powell may not be willing to intervene and facilitate market stress under the direction of Trump. However, he thinks that hedge funds will intensify by buying American debts, which could quietly increase the liquidity of the market.

According to Hayes, all these points indicate a strong environment for the growth of Bitcoin. As money takes place in the system, investors are likely to turn to assets like Bitcoin which can contain a long -term value. Hayes firmly believes that this will increase the price of Bitcoin to $ 1 million by 2028. With macro uncertainty and more liquidity on the horizon, he considers this as the perfect configuration for a large bull race.

At what height can the price of Bitcoin go?

On the other hand, Geoffrey Kendrick of Standard Charterd projects BTC to reach $ 120,000 in the second quarter and possibly $ 200,000 by the end of the year, supported by the accumulation of whales, macroeconomic realignment and safety flows in complete safety in BTC.

While the APSK32 expects BTC to reach $ 130,000 at $ 200,000 + by the end of the year, citing network growth, accumulation and four -year market cycles. Sina notes that Bitcoin is now in the “transition” phase, with $ 130,000 milestones and $ 163,000 before the acceleration start.

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