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Arthur Hayes: Bitcoin Hitting $1 Million Is “Easy” Under Current Conditions

  • Arthur Hayes predicts that Bitcoin hitting $1 million is 'easy' under current conditions.
  • Hayes attributes the growth of BTC from $3,800 to $70,000 to the $4 trillion stimulus injected into U.S. financial markets.
  • ETF-driven supply constraints are reducing the available BTC for spot buyers, leading to increased price volatility and potential upside.
  • With projections of double the capital injection by 2028 compared to post-COVID liquidity, Hayes sees a favorable macro environment for Bitcoin and believes in the path to $1 million per BTC.

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