Arthur Hayes’ Fresh Bitcoin Price Predictions
In a recent Impact Theory interview, former BitMEX CEO said that Bitcoin could reach $750,000 to $1 million by 2026 and $70,000 by the end of 2024.
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Here are his key arguments:
- Anticipated Financial Crisis: Hayes anticipates a financial crisis that could result in interest rates dropping to zero or rising, albeit not as swiftly as government spending rates.
- ETF Launches: He envisions major asset managers in the U.S., Europe, and possibly Hong Kong launching multiple exchange-traded funds (ETFs) for Bitcoin.
- Record Market Levels: Additionally, Hayes predicts that NASDAQ and the S&P 500 will attain record levels.
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