Bitcoin Daily Timeframe Update + Arthur Hayes’ Bullish Prediction

Bitcoin has shown strong momentum on the Daily Timeframe, breaking past the critical $95,000 level after a successful retest. This upward move has brought the price into a significant supply zone, where some resistance can be expected. For a more sustained bullish trend, a weekly close above $95,000 will be key. With price now testing this area, a short-term retracement next week wouldn't be surprising.

Adding to the bullish sentiment, Arthur Hayes, co-founder of BitMEX, made a bold prediction at the TOKEN2049 conference in Dubai, forecasting Bitcoin to reach $1,000,000 by 2028. He argued that the U.S. will likely have to inject massive dollar liquidity into the financial system — much like the $2.5 trillion injected in 2022 through REPO programs — which would directly benefit the crypto markets.

According to Hayes, “now is the time to go long on everything”, signaling confidence not just in crypto but also in the broader stock market.

With technicals aligning and macroeconomic forecasts turning in favor of digital assets, Bitcoin's long-term outlook continues to strengthen.

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