Key points:
US treasuries and foreign capital “repatriation” make a recipe for $1 million BTC, says Arthur Hayes.
Europeans face tightening capital controls, inviting a recommendation to take back control of personal funds.
Seven-figure BTC price targets are already gaining traction.
Bitcoin (BTC) will shoot to $1 million in just three years thanks to global macroeconomic shifts, Arthur Hayes forecasts.
In his latest blog post released on May 15, the former CEO of crypto exchange BitMEX doubled down on his sky-high BTC price prediction.
Hayes: $1 million Bitcoin due “between now and 2028”
Bitcoin has two giant tailwinds that will help propel it to seven digits in just a few years.
For Hayes, shifting capital controls worldwide, as well as US treasury “devaluation,” mean that Bitcoin will become the go-to safety net for investors everywhere.
He summarizes:
“Foreign capital repatriation and the devaluation of the