Arthur Hayes Predicts Bitcoin Price Could Reach $1.5 Million by 2028

Arthur Hayes, co-founder of BitMEX, predicts Bitcoin could reach $1.5 million by 2028, citing economic pressures in the U.S. that may lead to increased dollar liquidity.

Key Points from Hayes' Predictions

The U.S. may implement measures similar to quantitative easing to stabilize its economy.
Hayes links U.S. economic policies to potential price increases in digital assets, possibly exceeding $1 million for Bitcoin.
Historical actions, such as a $2.5 trillion injection into the financial system during crises, have previously triggered market rallies.
Current economic conditions resemble those of late 2022, marked by market uncertainty and significant liquidity injections.
Hayes suggests hedge funds could increase dollar liquidity by purchasing U.S. Treasury debt, supporting risk assets like Bitcoin.

Long-Term Outlook on Bitcoin

Hayes has a history of bold Bitcoin forecasts, including a previous prediction of $100,000.
He emphasizes the importance of long-term thinking rather than focusing on short-term price fluctuations.
Recent data shows Bitcoin trading at $94,587.29, down 0.44% in 24 hours, while it became the sixth most valuable asset globally.