Key Takeaways
- BitMex co-founder Arthur Hayes believes Bitcoin could hit $1 million within three years.
- Hayes highlights that Treasuries have lost 84% of their value in Bitcoin since 2021, signaling long-term fiat decay.
- Arthur Hayes positions Bitcoin as a hedge against capital restrictions and inflation amid the unraveling of Pax Americana’s financial structure.
BitMEX co-founder Arthur Hayes has suggested that BTC could ride international macro tailwinds and ride to seven figures by 2028, doubling down on a very bold BTC price prediction.
According to a new blog post by the Bitmex CEO, he sees Bitcoin at $ million within the next few years, driven primarily by macroeconomic shifts and aggressive monetary policy. He believes the next BTC Bull Run is already underway, and he believes two major catalysts will supercharge the flagship cryptocurrency’s ascent over the next three years.
Macroeconomic Shifts and Aggressive Monetary Policy
Hayes sees the weakening of the US treasuries and the repatriation of foreign capital as the main catalysts that will propel Bitcoin to a seven-figure all-time high. Writing in the blog post, he stated:
“Just because I believe Bitcoin is going to $1 million doesn’t mean there won’t be opportunities to take tactical short positions […] capital controls and money printing are coming, but the road from here to there is rocky.”
Pressure from Ballooning Government Deficits
The BitMex boss suggests that investors would eventually be forced to seek refuge in hard assets like Bitcoin as bond yields climb. He opines further that even if rising rates weighed on equities in the short term, BTC would look beyond temporary volatility to the bigger picture: a global pivot to liquidity.
Hayes further stated that he foresees a return to aggressive monetary easing even as the Federal Reserve tries to become cautious with rate cuts amid market instability and trade tariff wars. He said he expected the pressure from ballooning government deficits to force the Fed’s hand, usually. As a result, he predicted that the US central bank would resume bond purchases under quantitative easing (QE), pushing yields lower and inflating asset prices. He wrote:
“Bond prices will rise, and yields collapse […] The Fed will buy bonds due to its QE policy. The banks will buy bonds because they can do so with infinite leverage, and they will front-run the Fed’s purchases.”
Get Your Money Out Now
According to Hayes, the ongoing efforts by the Donald Trump presidency to enact several pro-crypto policies could soon take effect and begin to reverse, and a shift in government occurred. Meanwhile, he called out European governments’ increasing desire to control and even suppress the crypto used by their general population, which he called a weak divergence. Arguing that not even China had managed to ban private ownership of Bitcoin because it knew it would be impossible and counterproductive, he said:
“For you Euro-poor-peans, whose governments practice a less effective form of communism than China, don’t expect the European Central Bank (ECB) to learn this lesson without trying. Therefore, get your money out now!”
Conclusion
By seeing Bitcoin at $1 million, Arthur Hayes proposes a long-term outlook for the cryptocurrency even as BTC continues to rebound. At the time of writing, Bitcoin was trading at around $102K after surging over 30% after a three-month low that slid under $75K. While acknowledging that the past to $1 million would be a hard tackle, he still believes that macro tailwinds are aligning BTC towards the seven-figure mark.
Frequently Asked Questions
What is Arthur Hayes’s prediction for Bitcoin?
Between 2024 and May 2025, Hayes repeatedly predicted that BTC would rally to $1 million by 2028.
What is the highest Bitcoin price prediction ever?
Jurrien Timmer, Director of Global Macro at Fidelity Investments, thinks the value of a single Bitcoin could reach $1 billion by the year 2038 — 2040.
Who is the wealthiest individual Bitcoin owner?
Changpeng Zhao, founder and former CEO of the Binance crypto exchange, is believed to be the wealthiest person in the world. He’s worth an estimated $33 billion, up from $10.5 billion in 2023.
