Arthur Hayes Predicts $1M Bitcoin by 2028

At Token2049 in Dubai, Arthur Hayes, Chief Investment Officer at Maelstrom, delivered a bold forecast for the crypto markets, urging investors to prepare for a bullish run.

At Token2049 in Dubai, Arthur Hayes, Chief Investment Officer at Maelstrom, delivered a bold prediction for the crypto markets and urged investors to prepare for a bullish run, starting with an optimistic outlook on the U.S. government's actions.

"It’s time to go long everything," Hayes advised during his keynote, showing his bullishness towards both crypto assets and traditional equities.

Why Hayes Sees Liquidity Flooding the Markets

According to the Maelstrom CIO, the U.S. will soon return to aggressive money-printing programs, continuing the liquidity cycle that began in 2022. He said this would push up prices on risk assets, especially cryptocurrencies.

"We’re going to go back to thinking about the liquidity cycle. People like to say, 'Oh, Trump administration wouldn’t help the markets.' Of course they would. They’re going to put liquidity into the markets."

Thinking back to Q3 2022, Hayes said there was widespread fear in the markets—central bank rate hikes, looming economic threats, and the imminent collapse of FTX. Despite the chaos, he noted that the U.S. Federal Reserve injected $2.5 trillion through its repo program, effectively stabilizing the markets.

"The point is, they’re going to continue to do that. Even though Jerome Powell isn’t going to want to help the markets directly, Trump isn’t going to let the markets go down.”

BTC to $1M: A Bold Call

Continuing his prediction, Hayes said that when Treasury yields started to rise, hedge funds would intervene. They would buy the bonds, further boost liquidity, and support the risk asset rally.

"This chain of events could push Bitcoin to $1 million by 2028," he added, making a staggering projection that highlights his long-term bullish stance on the flagship cryptocurrency.

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