BitMEX’s founder Arthur Hayes predicts Bitcoin (BTC), for one reason, will reach seven figures within three years.
Hayes, in a talk at the TOKEN2049 cryptocurrency conference held in Dubai said that the possible easing of US financial policy would positively affect Bitcoin’s value.
Hayes believes that Trump’s administration will pump liquidity into markets in order to boost the economy. This is especially true around mid-terms elections 2026 to help Republicans gain seats. Bitcoin has always reached new highs when monetary policies are eased.
The collapse of the US-China trade negotiations could also be a catalyst for Fed money printing.
What happens if the China-US divorce is a disaster and both sides refuse to compromise and stick to their guns? Are Trump and his Republican Party not going to try to win the 2026 midterm elections? No, of course not. Just like every other politician, they’ll do whatever they can to boost the economy and create an impression of strength so they are re-elected. Because of the secular shift in the relationship between two major economic and military power, Bitcoin will go higher from 2022-2025 than it was before. That, ladies and gentleman, is the road to $1,000,000 Bitcoin.”
Bitcoin’s price is $103,287, which is flat for the day.
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Sources of Images include Pixabay Creative Commons & Midjourney
The post Arthur Hayes: President Trump will print enough money to pump bitcoin up to $1,000,000 in 2028 may change as new information becomes available.
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