$BTC

Bitcoin may rise to $1 million by 2028. This was once again stated by former BitMEX head Arthur Hayes at the Token2049 conference in Dubai, reports The Block.

According to him, the main impetus will come from the growth of dollar liquidity: the US will print more money to support its economy. 💵

"It's time to open long positions in all assets," Hayes said, referring to both cryptocurrencies and stocks. 📈

He reminded how in 2022 the markets collapsed due to the tight policy of the Fed and the collapse of the FTX exchange. At that time, the American regulator injected more money into the economy — and the market quickly recovered. Now, in Hayes' opinion, the situation is similar. 🔁

The main threat, he believes, is the tariffs that Donald Trump is imposing on other countries again. Because of this, stock indices are falling. 📉

But even if the Fed does nothing, hedge funds will come into play: they will start buying government bonds en masse. This will lead to an increase in the money supply and heat up cryptocurrency prices. 🚀