Bitcoin by 2028: Hayes’ Vision Is Significantly Higher, But Not 3.4 Million

Bitcoin by 2028: Hayes’ Vision Is Significantly Higher, But Not 3.4 Million

Former BitMEX CEO Arthur Hayes predicts in his latest blog “Four, Seven” that Bitcoin will be trading “significantly higher” than it is today by 2028, but he considers the $3.4 million per coin figure to be overly optimistic.

Key Points:

- Hayes expects BTC to grow significantly above current levels by 2028, but not to $3.4 million. The estimate is more about the dynamics of growth than a specific target.

- According to him, the increase in the price of Bitcoin will be closely related to money printing in the US, which could trigger price expansion.

- The Trump administration could increase the pressure on money printing through influencing monetary policy and related actions, which Hayes sees as a key driver for further BTC growth.

- Hayes adds that the current debate around liquidity management and the relationship with the Federal Reserve plays an important role. Changes in monetary policy could push the crypto market significantly higher.

- Although he rules out a specific price of $3.4 million as realistic, he believes BTC will reach “significantly higher” levels than the current roughly $115,000 (as of the current article). The previous prediction of $1 million remained a rather speculative milestone.

A note on market reality:

Market expectations for looser financial conditions remain high, and according to some analysts, the Fed could consider further rate cuts at the upcoming meeting. However, Hayes’ estimates should be taken with a grain of salt — cryptocurrencies are highly volatile and predictions of numbers are often speculative.

Summary:

Hayes sees Bitcoin as an asset that should strengthen significantly in the coming years under the influence of monetary expansion in the US, but he considers specific figures like $3.4 million to be exaggerated. However, optimism remains that BTC should be “significantly higher” than today.

*This is not an investment recommendation.

The Coingarage Team