Arthur Hayes Predicts Bitcoin to Reach $1 Million

BitMEX co-founder Arthur Hayes forecasts that Bitcoin (BTC) may soar to unprecedented heights in this market cycle.

In a recent interview with Anna Tutova, CEO of Coinstelegram, Hayes suggested that Bitcoin’s price could reach seven figures within a year due to substantial monetary supply expansion from governments.

> “I believe we can get to $1 million end of the cycle – $1 million… because the amount of money that’s going to be printed is going to be absolutely insane as every government around the world does the same thing, which is print money to make my people feel happy because the global growth is slowing.”

Hayes elaborated on the current transitional phase of the global financial system, noting that elites will resist this change and print excessive amounts of money to maintain the status quo of post-World War II US hegemony.

As of now, Bitcoin is trading at $94,244, reflecting a 1.8% decline over the last 24 hours.

When asked about the duration of the current bull market, Hayes estimated:
> “Maybe 2026, 2027 is my estimate, but who knows.”

Despite some altcoins suffering declines, Hayes emphasized that the overall crypto market cap has increased from over a year ago, reinforcing his belief that the upward trend remains intact.

> “The aggregate value of all of crypto has still increased over the last 12 to 18 months, so I believe we’re still in a bull market.”