Bitcoin’s Road to $1 Million? Arthur Hayes Thinks So.

Arthur Hayes, former CEO of BitMEX, has boldly predicted that Bitcoin could surge to $1 million by 2028. In his blog post dated May 15, Hayes points to two key macroeconomic shifts fueling this forecast: repatriation of foreign capital and the rapid devaluation of US treasury reserves.

He believes $BTC appeal as a safety net will skyrocket globally as governments impose tighter capital controls and currency values waver. Hayes also ties this potential rally to the outcome of the next US presidential election, suggesting that political shifts could rapidly reshape the financial landscape.

Interestingly, he points out that even countries like China, often viewed as crypto-averse, have not outright banned Bitcoin ownership—acknowledging its resilience and potential. Meanwhile, in Europe, government actions may be stifling innovation by pushing back against crypto adoption.

Hayes closes with a provocative warning to European citizens: “Get your money out now!”

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