Hayes Sees Bitcoin's Price Soar to $126K by 2026 Amid Global Debt Crisis
BitMEX co-founder Arthur Hayes believes Bitcoin could reach $126,000 by the end of 2026. According to him, this bullish view is not based on hype but rather a growing global debt problem and rising pressure on bond markets. As central banks consider providing fresh liquidity, Hayes expects another major move in the price of Bitcoin.
Hayes' prediction comes at a time when global debt levels are increasing, putting pressure on bond markets. He believes that this could lead to increased demand for cryptocurrencies like Bitcoin as investors seek safe-haven assets.
Bitcoin is currently trading at $79,234.00, and if Hayes' prediction comes true, it would be a significant increase of over 50% from its current price.