Arthur Hayes, CIO of crypto investment firm Maelstrom and co-founder of BitMEX, has made a bold prediction: Bitcoin will reach a price of $1000000

Crypto investment firm Maelstrom's CIO and co-founder of BitMEX, Arthur Hayes, has made a bold prediction: Bitcoin will reach a price of $1 million by 2028.
However, common opinion as per the Bitcoin price prediction model from CoinCodex sees a more conservative future for the world’s largest cryptocurrency. According to the platform’s current model, Bitcoin is expected to peak at just over $308,000 in 2028.
The Bitcoin price prediction model from CoinCodex takes into account a variety of technical and fundamental factors, including:
It is important to note that these predictions are based on the current market conditions and may change over time.
As of August 7, 2024, at 01:14 GMT, Bitcoin is trading at around $71,126, according to the cryptocurrency exchange Kraken.
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