Arthur Hayes says that the crypto-taureau is started to continue, describes the Bitcoin path to the seven-digit price
The co-founder of Bitmex, Arthur Hayes, looks bruised on Bitcoin (BTC) while the increasing liquidity conditions increase the value of the flagship cryptographic asset.
In a new interview on the YouTube White Crypto channel, Hayes said An increase in the global money supply will serve as a bull catalyst for the BTC and the crypto.
“I think it's the ideal moment to be in the cryptography ecosystem because we have this reflation in the world in a way. More fiduciary money to continue a rare asset and the Haussier market will continue. And I think it will be a funny party. “
According to Hayes, Bitcoin could increase by around 10x from the current level by January 2029.
“I think that at the end of Trump's presidency, so at the end of 2028, Bitcoin will cost about $ 1 million. Or we will have crossed $ 1 million. It could be lower than that at that time, but I think we are going to arrive at this nominal figure in the next three to four years. ”
Bitcoin is traded at $ 103,045 at the time of the editorial staff.
On the prospects of the US dollar in the face of the increase in the money supply, says the IOC of the Maelstrom fund,
“I think the dollar depreciates gold, the dollar depreciates Bitcoin. US treasury bills are probably the worst thing to have in relation to any other type of financial asset, because they must devalue because there are too many things. ”
https://www.youtube.com/watch?v=zhvaui1-ljc
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