Arthur Hayes Predicts Bitcoin Could Reach $750K-$1M by 2026 Due to Economic Crisis and Inflation
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Arthur Hayes predicts Bitcoin price could reach $750K to $1M by 2026 due to impending economic crisis and inflation.
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Hayes cites government interventions and money printing in economic crises as fueling inflation and preventing natural market cycles.
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Key factors backing Bitcoin's rise include massive US debt rollover, insolvent banking system, investors seeking alternatives.
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Despite economic outlook, Hayes sees BTC chopping around $25K-$30K in 2023 before entering "real bull market" in 2024.
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Hayes expects 70-90% BTC drawdown after hitting target price, in line with previous bull cycles.
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