PANews, May 15 news, Arthur Hayes stated in a newly released article that he has re-entered the cryptocurrency market at the lows and believes it is a good time to pick quality altcoins that can outperform Bitcoin in a bull market. He is particularly optimistic about two projects: $PENDLE and $ETHFI.
The return of foreign capital and large-scale depreciation of U.S. Treasury bonds will become the two main catalysts driving Bitcoin to $1 million before 2028. He mentioned that the 2028 U.S. presidential election may bring policy uncertainty, but currently is a critical time for Bitcoin to benefit.
Although he believes Bitcoin will rise to $1 million, there are still short-term tactical shorting opportunities. He pointed out that capital controls and currency printing are imminent, but the road ahead is full of uncertainty. Trump's team is inconsistent on capital control, so there may be different policy directions.
