#AirdropSafetyGuide Co-founder and Chief Investment Officer (CIO) of Maelstrom, Arthur Hayes, predicted the price of Bitcoin to reach $1 million by 2028. This was reported by The Block.
During his speech at the TOKEN2049 conference in Dubai, he urged investors not to hesitate:
"It's time to buy everything," emphasized Hayes, referring to both cryptocurrencies and the stock market.
In his opinion, the future surge in the crypto market will be driven by an increase in dollar liquidity, which will inevitably be stimulated by the U.S. government.
The CIO of Maelstrom believes that the country will have to resort to a new form of "quantitative easing," or issuance, to stabilize the pressured economy.
He compared the current market sentiment to the third quarter of 2022, when fears of recession and rising rates coincided with the FTX collapse. At that time, despite everything, the U.S. intervened and injected $2.5 trillion into the market through a repo program.