The recent market activity has reignited long-term bullish predictions. BitMEX co-founder Arthur Hayes said $BTC could hit $1 million by 2028, attributing the potential surge to aggressive monetary policy and rising institutional interest.

“It’s time to go long everything,” said Hayes in a keynote speech at Token2049 in Dubai.

“Don’t worry, Bitcoin is going to $1 million by 2028,” he said, attributing the upcoming rally to more “money printing” from the US Treasury.

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