Arthur Hayes Waiting for 1 Million in Bitcoin: Now is the Time to Long Everything! - Coin Bulletin

Maelstrom's CIO Arthur Hayes claimed that the US needs to increase dollar liquidity and that this will raise the price of Bitcoin (BTC) to 1 million dollars by 2028.

Speaking at the Token2049 event held in Dubai, Arthur Hayes made a bold call to investors. Hayes stated that he expects a rise in both the cryptocurrency and stock markets, saying, "It’s time to take long positions in everything now."

Arthur Hayes emphasized that the US would have to increase dollar liquidity in the near future to support this bullish scenario. He stated that this situation would trigger new highs in cryptocurrencies, especially Bitcoin. According to Hayes, the current state of the US economy resembles the conditions of the third quarter of 2022. During that period, despite major crises such as the central bank's interest rate hikes and the collapse of the FTX exchange, the US's injection of 2.5 trillion dollars into the market through its repo program had provided relief to the markets.

The impact of Trump and Powell

Concerns dominate the markets due to the high tariffs imposed by President Donald Trump on the country's trade partners. Although Trump has recently decided to suspend the tariffs for 90 days, a lasting relief in the markets has not yet been achieved. Hayes also noted that Fed Chairman Jerome Powell does not sympathize with the Trump administration, and therefore it is unlikely that the Fed will play an active role in supporting the markets.

However, Hayes believes that this gap will be closed by hedge funds. According to him, hedge funds will provide liquidity to the markets indirectly by purchasing U.S. bonds, and this will significantly increase the value of Bitcoin. According to Hayes' prediction, with the combination of these factors, the price of Bitcoin could reach 1 million dollars by 2028.