Arthur Hayes, in a recent article, shared that he has reinvested in cryptocurrencies at the market bottom. He believes this is the right time to choose high-quality altcoins that have the potential to outperform Bitcoin in a growing market. Two projects he highly values are PENDLE and ETHFI.
Hayes predicts that the return of foreign capital and the strong devaluation of US debt will be the two main drivers pushing Bitcoin's price to 1 million USD by 2028. He also noted that the 2028 US presidential election could bring policy instability, but currently, it is a critical time for Bitcoin to benefit.
Despite predicting Bitcoin to reach 1 million USD, Hayes still sees opportunities for short-term speculative strategies. He noted that capital control measures and money printing could come, but the path ahead is fraught with uncertainty. Trump's team is inconsistent about capital control measures, thus there is likely to be different policy directions.
This information is provided for market information purposes only and is not investment advice.
Source: https://tintucbitcoin.com/arthur-hayes-bitcoin-len-1-trieu-usd-2028-ngan-han-ban-khong/
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