At the #token2049 conference held in Dubai, BitMEX founder #ArthurHayes predicted that the price of Bitcoin will reach 1 million by 2028.
According to Hayes, the main reason for this huge increase will be the monetary policy of the United States. Hayes stated that President Donald Trump could increase the economy by a large amount in his second term. Hayes said, "#TRUMP will be based on more money in his second term than Biden's presidency was based on. Therefore, Bitcoin will reach 1 million by 2028." Hayes also stated that the disruption of trade agreements between the US and China could also be a justification for money printing:
"If this separation between China and the US goes away and they are not willing to compromise, it is certain that Trump and the Republicans will take all the necessary steps to win the 2026 midterm elections. They will stimulate the economy to create traces of growth and power. That will most likely mean money printing. And that money printing will cause Bitcoin to be very disrupted in the 2022ā2025 time frame. That will take us to 1 million Bitcoins."
