Bitcoin / TetherUS
Long

Arthur Hayes’ Fresh Bitcoin Price Predictions

155

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.

Here are his key arguments:

1. 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.

2. ETF Launches: He envisions major asset managers in the U.S., Europe, and possibly Hong Kong launching multiple exchange-traded funds (ETFs) for Bitcoin.

3. Record Market Levels: Additionally, Hayes predicts that NASDAQ and the S&P 500 will attain record levels.

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