Trading

This Catalyst Could Send Bitcoin Skyrocketing to Eight-Figure Price Target, According to Arthur Hayes – Here’s His Outlook

BitMEX co-founder Arthur Hayes is highlighting one catalyst that could trigger Bitcoin (BTC) to explode to an eight-figure price within a few years.

In an interview on the Wealthion YouTube channel, Hayes says monetary policy easing in the US could be a massively bullish catalyst for Bitcoin starting next year.



“I think that [US President Donald] Trump and [US Treasury Secretary Scott] Bessent are just setting up such a perfect situation for how money is going to be printed post-2026 in May.

And I just listened to a CNBC interview with [chief market strategist for Wall Street firm Jefferies David] Zervos, one of the Fed chair hopefuls. If that guy gets in, Bitcoin will be at like $15 million because he’s just going to do yield curve control, printing money, immediate 300 basis point [rate] cuts, all sorts of things.

So, I think, Trump and Bessent have laid out exactly what they want to do. Run it hot, inflationary, all these sorts of things. [Current Fed Chair Jerome] Powell is the only thing standing in their way. And you know, come hell or high water, Trump will get what he wants.”

According to the BitMex co-founder, Bitcoin still possesses more upside potential despite the crypto king currently trading at over $100,000.

“And Bitcoin has been this shining light which has been the best performing asset in human history since it launched in 2009. And so I think that this has been a great ride. And obviously, it’s still early for people to get involved in this industry… just because you’re coming in at 2025 and Bitcoin’s at $120,000 or whatever it is that you’ve missed the boat. We still have a long way to go.”

?

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix




&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Source link

Related posts

Trader Justin Bennett Issues Ethereum Alert, Says ETH Potentially Forming Bearish Pattern – Here Are His Targets

THE SCAM BROKER

BlackRock’s Bitcoin Exchange-Traded Fund (IBIT) Just Two Spots Away From Being Firm’s Top Revenue-Generating ETF: Bloomberg Analyst

THE SCAM BROKER

Solana Holders May Be In for Same Pain As Ethereum Bulls, According to Analyst Benjamin Cowen – Here’s Why

THE SCAM BROKER

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More