Arthur Hayes Predicts Bitcoin Price to $1 Million

Arthur Hayes, ex-BitMEX CEO, has a $1 million target for Bitcoin. He said this in an interview with cryptocurrency YouTuber Kyle Chasse.

Financial experts have been speculating on how much the Bitcoin (BTC) price will appreciate. Prominent individuals such as Arthur Hayes and Robert Kiyosaki are forecasting BTC to reach $1 million in the not-so-distant future.

Such lofty forecasts are coming as concerns grow about economic stability worldwide, government budget deficits, and monetary policy moves.

Arthur Hayes Foresees Bitcoin Price to $1 Million

Former BitMEX CEO Arthur Hayes has set a $1 million target for Bitcoin, which he predicts may be achieved by 2028.

In an interview with cryptocurrency YouTuber Kyle Chasse, Hayes said that this target is driven by increasing government deficits and monetary policy.

“I think we’ll get to $1 million Bitcoin in 2028. We’re helpless in the face of this depravity. We’ll get to $1 million Bitcoin, I’m setting the record straight right now,” Hayes said.

The investor adds that the Biden administration has approved about $7.1 trillion of net Treasury debt while in office, a period when the Bitcoin price rose sixfold.

During the Trump administration, the deficit is already 22% higher in the first half of the year compared to last year.

Hayes also recognizes a number of factors that will propel further deficit growth. They are an aging American population that will require additional Social Security and Medicare expenditures, increased defense spending, and the expense of bringing manufacturing back to the United States.

These costs, added to increasing interest on the debt outstanding, represent what Hayes sees as a mathematical certainty.

The investor indicates that these fiscal stresses will be a boon for the Bitcoin price. He points to recent policy signals, such as Treasury buyback programs and potential changes to supplemental leverage ratios for banks, as signs that authorities will continue to seek ways to maintain market stability by providing liquidity.

Hayes predicts the BTC price will reach $250,000 by the end of 2025. He expects the most aggressive price action to happen in 2026-2027 when he expects a “money printing bonanza.”

Robert Kiyosaki Shares the Same BTC Price Vision

“Rich Dad Poor Dad” author Robert Kiyosaki has aligned with Hayes’ million-dollar Bitcoin prediction but with a slightly longer timeframe.

By 2035, one Bitcoin will be over $1 million, Kiyosaki claimed in an April tweet.

Kiyosaki frames his Bitcoin outlook within an overall economic warning about an impending financial crisis. He points to multiple concerning indicators like record-high credit card and U.S. government debt, rising unemployment, and diminishing 401(k) values.

The financial educator mentions that he has consistently warned about this economic scenario across multiple books. For those concerned about financial stability, Kiyosaki repeatedly recommends a strategy centered around hard assets like gold, silver, and Bitcoin.

What distinguishes Kiyosaki’s perspective is his view that the coming economic crisis is not just a threat but also an opportunity. He suggests that individuals who take action to acquire even small amounts of Bitcoin, gold, or silver before the “giant crash” could “come through this crisis a very rich person.”