Former BitMEX CEO Arthur Hayes, known for his bold statements and predictions about Bitcoin and the cryptocurrency market, announced his new BTC prediction.
Interviewing Tom Bilyeu, the founder of the Youtube channel Impact Theory, Arthur Hayes claimed that Bitcoin could reach between $750,000 and $1 million by 2026.
The famous name, who predicted a tremendous increase in Bitcoin in the next two years, said that this increase could potentially carry BTC between $ 750 thousand and $ 1 million.
Stating that this rise will occur as a result of several scenarios, Hayes said that these include an economic crisis scenario that could reduce interest rates to zero, or a scenario in which government spending does not increase faster than interest rates.
Apart from this prediction, Hayes reiterated his view that the Bitcoin halving and the approval of spot ETFs will take BTC to $ 70,000 by the end of 2024, stating that stock indices such as NASDAQ 100 and S&P 500 also broke records and predicted that they would also rise with BTC.
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