Arthur Hayes Envisions Record-Breaking Bitcoin Gains Amid U.S. Policy Shifts

Arthur Hayes, the co-founder of Bitmex, has made bold predictions about the future of Bitcoin. He believes that Bitcoin could reach $100,000 by the end of 2024 and potentially soar to $1 million by 2025.

Cryptocurrency exchange Bitmex’s co-founder Arthur Hayes has predicted that Bitcoin could reach $100,000 by 2024 and soar to $1 million by 2025.

In a recent blog post, Hayes highlighted the U.S. Treasury’s liquidity injections into the economy, budget deficits and U.S. treasurer Janet Yellen’s actions as key factors that will influence Bitcoin’s price.

According to Hayes, the U.S. government is planning to pump anywhere between $301 billion and $1.05 trillion into the economy by year-end. He noted that if this scenario plays out, it could lead to a situation where Bitcoin bears lose control and recent dips and falls become short-lived, with BTC rallying to $100,000.

Delving deeper into his analysis, Hayes envisions a scenario where Bitcoin could rally to $100,000 by 2024 and continue to soar to $1 million by 2025. He attributes this anticipated surge to the U.S. Treasury’s actions, particularly their liquidity injections into the economy.

In a recent blog post, Hayes noted that the moves that are expected from Yellen, the U.S. treasurer, will affect most markets, including Bitcoin. He stated that the budget deficits and constant addition of money by the US Treasury through budget deficits could boost the Bitcoin price to new highs.

Hayes particularly highlighted that Yellen might pump between $301 billion and $1.05 trillion into the economy by year-end. According to Hayes, there are potential scenarios where Bitcoin bears might lose control, and recent dips and falls may be short-lived with BTC rising to $100,000.

Arthur Hayes Envisions Record-Breaking Bitcoin Gains Amid U.S. Policy Shifts

In further detail, Hayes forecasts a brighter outlook for 2025. He believes that once the issue of raising the debt ceiling in the US is addressed, there will be a lot of cash flows from the Treasury in addition to the Federal Reserve. He says that it will ultimately create the perfect environment for a mammoth bull market in Bitcoin, as the price could skyrocket to $1 million.

He also briefly discussed the November election in the United States, where he stated that changes in this election will also raise the issue of market uncertainty. He says that he would rather completely resume new bond sales after the election and once the issue of the debt ceiling is out of the way.

Finally, Arthur Hayes refers to a bright future in a bull market for cryptocurrencies, especially Bitcoin, promoted by the decisions of the US government and the overall global situation, which can bring record-breaking gains to investors in the next few years.

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