BTC (BTC) has received a large vote of confidence from one of the most provocative minds in Crypto.
Speaking at the continuing TOKEN2049 conference in Dubai, the co -founder of Bitmex Arthur Hayes doubled his bold prediction that Bitcoin would reach one million dollars by 2028.
Bold
“It is time to go to everything”, urging them to consolidate the leading cryptocurrency as well as other Stablecoins and traditional markets alike. For him, this is not just an investment thesis; It is the inevitability of the macroeconomic.
His optimism depends on a cocktail of monetary policy attacks and economic instability in the United States. The Crypto investor sees a potential return to the printing of money by the Federal Reserve, which was pushed by the financial deficit, the disturbances fed by the customs tariff, and the deterioration of bond markets that may lead to greatly amplifying the BTC value.
He compared the current market conditions to the third quarter of 2022, a period that was scattered with fear. At that time, the main headlines were dominated by an increase in the rate of nutrition, addresses and successive failure in the encryption sector, including FTX’s fall. However, the hidden injection of the government of $ 2.5 trillion in the ribo market has helped maintain risk assets, including encryption, alive.
Hayes sees a familiar pattern now revealing, especially with President Donald Trump’s recent pushing for the unpopular definitions of American commercial partners. The move initially raised the economic shock waves that sent the markets to the free fall before a pause stopped for a period of three months. From the point of view of analysts, Trump’s first American strategy will launch liquidity storm.
His feelings are strengthened by fears that the US Central Bank, despite its position, will have to support the treasury markets indirectly, either by stopping the requirements of quantitative banking reserves or limiting the requirements of the banking reserve.
“The system must ascend the Federal Reserve and Banking Services to ensure the cabinet market well, which means BRRRR.” He said in a modern X car mail Referring to the viral M. is synonymous with the printing of the rampant money.
If these predictions are fulfilled, Hayes expects to respond to Bitcoin as they were before, with an equivalent gathering.
Fixed bitcoin climbing with running space
While the former CEO of BitMex provides narrative fuel, the recent BTC procedures have made this kindness. At the time of this report, BTC was trading at $ 94,569, a slight decrease of 0.4 % over the past 24 hours.
Over the past seven days, the height has been very small at about 1 %. However, the broader upward trend is clear across the longer time frameworks, with the encrypted currency by 13.0 % in the past two weeks and 15.4 % during the past month.
On an annual basis, Bitcoin has gained 49.2 %, indicating a long -term bullish momentum even against the overall opposite winds.
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