Former BitMEX CEO predicts that Bitcoin could surge to between $75k to $1 million by 2026.
His prediction is linked to several factors including interest rates, spot Bitcoin ETF approval, etc.
Bitcoin (BTC) is currently trading at $27,728.05. With a bullish market sentiment, the asset has surged by 4 percent in the last seven days and 0.68 percent in the last 24 hours. According to former BitMEX CEO Arthur Hayes, the price could trade between $750,000 to $1 million by 2026. While many forecasters may not oppose the possibility of the asset going this high, reaching this point by 2026 could be a huge surprise. 
To Hayes, several factors could make this possible. The first is the possibility of a financial crisis causing rates to drop to zero. On the contrary, Bitcoin price could hit an unimaginable height when rates increase but not as fast as government spending. This, coupled with the halving event next year could send the price to $70,000 by the end of 2024. 
In an essay titled “

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/former-bitmex-ceo-arthur-hayes-foresees-bitcoins-soaring-future-750k-to-1-million-in-2026/?utm_source=rss&utm_medium=rss&utm_campaign=former-bitmex-ceo-arthur-hayes-foresees-bitcoins-soaring-future-750k-to-1-million-in-2026