Token 2049: Arthur Hayes Predicts $1M Bitcoin by 2028

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Rommie Analytics

“It’s time to go long everything,” Hayes declared during his keynote address, signaling his confidence in both crypto assets and traditional equities.

Why Hayes Sees Liquidity Flooding the Markets

Hayes argued that the U.S. government will soon return to aggressive money-printing policies, similar to quantitative easing. He said this inevitable liquidity injection would drive up prices across risk assets, especially cryptocurrencies.

Drawing comparisons to Q3 2022, Hayes reminded the audience of widespread market fear—central bank rate hikes, looming economic threats, and the imminent collapse of FTX. Despite the chaos, he noted, the U.S. Federal Reserve injected $2.5 trillion through its repo program, effectively stabilizing markets.

BTC to $1M: A Bold Call

Hayes emphasized that he expects a repeat of this liquidity cycle. Even though Fed Chair Jerome Powell might avoid helping the markets directly under Trump’s administration, Hayes believes hedge funds will step in. These firms would buy Treasury bonds, boost liquidity, and support risk asset rallies.

According to Hayes, this chain of events could push Bitcoin’s price to $1 million by 2028, a staggering projection that underscores his long-term bullish stance.

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