比特币（BTC）价格将在未来三年内飙升至100万美元

讨论最广泛的预测之一来自Arthur Hayes，Crypto Exchange Bitmex的联合创始人兼前首席执行官

Bitcoin (BTC) is currently trading around the $103,025 mark, but forecasts for its long-term growth are becoming increasingly ambitious, especially as macroeconomic trends continue to unfold.

比特币（BTC）目前的交易量约为103,025美元，但长期增长的预测越来越雄心勃勃，尤其是随着宏观经济趋势继续展开。

Among the most widely discussed predictions is that of Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX, who believes Bitcoin will soar to $1 million within the next three years.

最广泛讨论的预测之一是Crypto Exchange Bitmex的联合创始人兼前首席执行官Arthur Hayes的预测，他认为比特币将在未来三年内飙升至100万美元。

Hayes shared this optimistic estimate in a blog post on 15 May, attributing such a dramatic rise to global capital flows and the devaluation of US Treasurys.

海斯在5月15日的博客文章中分享了这一乐观的估计，这将如此巨大的兴趣归因于全球资本流量和美国财政部的贬值。

His comments follow a recent surge in institutional interest in Bitcoin, fueled by concerns over fiat currency stability and attempts by governments to manage sovereign debt.

他的评论是在最近对比特币的机构利益激增之后，这引起了人们对法定货币稳定的担忧以及政府管理主权债务的企图。

Global capital flows and US Treasury risk fuel bullish case

全球资本流动和美国国库风险燃料看涨案件

According to Hayes, two key developments are paving the way for Bitcoin’s potential seven-figure price point: capital repatriation and the devaluation of United States Treasurys.

根据海斯的说法，两个主要的发展是为比特币潜在的七位数价格点铺平了道路：资本遣返和美国财政部的贬值。

As governments impose tighter capital controls and attempt to manage sovereign debt, investors will seek refuge in decentralised assets, he claims.

他声称，随着政府实施更严格的资本管制并试图管理主权债务，投资者将寻求分散资产的庇护。

Given its finite supply and growing institutional legitimacy, Bitcoin will become a preferred store of value, especially in regions where economic instability undermines confidence in traditional banking systems, he adds.

他补充说，鉴于其有限的供应和制度合法性，比特币将成为首选的价值存储，尤其是在经济不稳定破坏对传统银行系统信心的地区。

suggesting that "foreign capital repatriation" and the diminishing purchasing power of massive holdings in US Treasurys will act as core accelerants for BTC’s price trajectory.

表明“外国资本遣返”以及美国财政部大量持股的购买力减少将充当BTC价格轨迹的核心加速剂。

He asserts that these pressures are likely to intensify depending on the outcome of the next US presidential election in 2028.

他断言，这些压力可能会根据2028年下次美国总统大选的结果加剧。

His logic hinges on how the next administration might shift economic and fiscal policy, potentially hastening investor flight into alternative assets like Bitcoin.

他的逻辑取决于下一个政府将如何改变经济和财政政策，可能将投资者的飞行加速到比特币等替代资产。

Central banks and policy uncertainty boost Bitcoin’s appeal

中央银行和政策不确定性促进比特币的上诉

It's worth noting that Hayes' forecast comes amid a broader divergence in policy responses across regions. While some countries are increasing their acceptance of Bitcoin, others, especially in Europe, are considering more stringent controls.

值得注意的是，海耶斯的预测在各个地区的政策响应方面存在更大的差异。尽管某些国家正在增加对比特币的接受，但其他国家（尤其是在欧洲）正在考虑更严格的控制。

In fact, Hayes expressed criticism of the European Central Bank for being overly restrictive, contrasting its stance with that of China, which, despite banning crypto trading, has not outlawed private Bitcoin ownership.

实际上，海耶斯（Hayes）对欧洲中央银行的批评过于限制，与中国的立场进行了批评，尽管禁止加密货币交易，但尚未禁止私人比特币所有权。

He went on to warn that attempts to suppress Bitcoin in the eurozone could backfire, likening such policies to ineffective central planning.

他继续警告说，试图抑制欧元区的比特币可能适得其反，将这种政策比作无效的中央计划。

In his view, institutional and retail investors in these regions should act quickly to shift wealth into decentralised assets before tighter restrictions come into force.

他认为，这些地区的机构和散户投资者应迅速采取行动，将财富转移到分散资产之前，然后再生效。

Ultimately, these geopolitical risks, combined with concerns over inflation, currency debasement, and ballooning government debt, are helping to solidify Bitcoin’s image as a hedge against systemic risk.

归根结底，这些地缘政治风险加上对通货膨胀，货币贬低和政府债务激增的担忧，正在帮助巩固比特币的形象，以此作为抵制系统性风险的对冲。

Big players see long-term growth potential

大玩家看到长期增长潜力

It's no secret that Hayes isn't the only one who sees potential for Bitcoin to rise to new highs. Institutional leaders, including Michael Saylor, CEO of business intelligence firm Strategy, and asset management giants like Fidelity Investments, have also expressed optimism for the crypto's long-term prospects.

Hayes并不是唯一看到比特币升到新高点的人的秘密。机构领导人，包括商业智能公司战略首席执行官迈克尔·塞勒（Michael Saylor），以及像富达投资（Fidelity Investments）这样的资产管理巨头，对加密货币的长期前景表示乐观。

Saylor, whose firm holds the largest Bitcoin reserve among public companies, has projected a long-term valuation of $10 trillion for Bitcoin.

塞勒（Saylor）的公司在上市公司中拥有最大的比特币储备，他预计比特币的长期估值为100万亿美元。

His own personal prediction is even more bullish, with a price target of $13 million per coin by 2045.

他自己的个人预测更为看好，到2045年，每枚硬币的目标价为1300万美元。

suggesting that "foreign capital repatriation" and the diminishing purchasing power of massive holdings in US Treasurys will act as core accelerants for BTC’s price trajectory.

表明“外国资本遣返”以及美国财政部大量持股的购买力减少将充当BTC价格轨迹的核心加速剂。

suggesting that "foreign capital repatriation" and the diminishing purchasing power of massive holdings in US Treasurys will act as core accelerants for BTC’s price trajectory.

表明“外国资本遣返”以及美国财政部大量持股的购买力减少将充当BTC价格轨迹的核心加速剂。

suggesting that "foreign capital repatriation" and the diminishing purchasing power of massive holdings in US Treasurys will act as core accelerants for BTC’s price trajectory.suggesting that "foreign capital repatriation" and the diminishing purchasing power of massive holdings in US Treasurys will act as core accelerants for BTC’s price trajectory.suggesting that "foreign capital repatriation" and the diminishing purchasing power of massive holdings in US Treasurys will act as core accelerants for BTC’s price trajectory.suggesting that "foreign capital repatriation" and the diminishing purchasing power of massive holdings in US Treasurys will act as core accelerants for BTC’s price trajectory.suggesting that "foreign capital repatriation" and the diminishing purchasing power of massive holdings in US Treasurys will act as core accelerants for BTC’s price trajectory.suggesting that "foreign capital repatriation" and the diminishing purchasing power of massive holdings in US Treasurys will act as core accelerants for BTC’s price trajectory.suggesting that "foreign capital repatriation" and the diminishing purchasing power of massive holdings in US Treasurys will act as core accelerants for BTC’s price trajectory.suggesting that "foreign capital repatriation" and the diminishing purchasing power of massive holdings in US Treasurys will act as core accelerants for BTC’s price trajectory.suggesting that "foreign capital repatriation" and the diminishing purchasing power of massive holdings in US Treas

暗示“外国资本遣返”以及在美国国债中大量持股的购买力减少将充当BTC价格轨迹的核心促进剂。在美国司库中大量持股的购买力将充当BTC价格轨迹的核心促进剂。充当BTC价格轨迹的核心加速度。挑战“外国资本遣返”以及美国财政部大量持有的购买力减少将充当BTC价格轨迹的核心加速度。轨迹。挑剔的“外国资本遣返”以及美国国债大量持股的购买力减少将充当BTC价格轨迹的核心加速器。