Arthur Hayes, co-founder of BitMEX, has presented a prediction for Bitcoin's bull cycle, expecting it to last until mid-2026 based on economic factors.
Arthur Hayes' Prediction
Arthur Hayes expects the Bitcoin bull cycle to continue until 2026, citing macroeconomic catalysts such as Federal Reserve rate cuts and increased government money printing.
Macroeconomic Factors
Hayes suggests that expanding global liquidity will act as a catalyst for Bitcoin price growth. He emphasizes that "governments are starting to print more money, creating considerable upside for Bitcoin."
Potential Market Implications
If liquidity expands as predicted, Bitcoin could reach $200,000. This could lead to a reassessment of investment strategies and regulatory responses as central banks alter their policies.
Hayes' forecast challenges traditional expectations of the Bitcoin market cycles and underscores the significance of macroeconomic factors that could influence the future of cryptocurrency.