He predicts Bitcoin could reach $1 million by 2028, driven by macroeconomic shifts and declining confidence in U.S. Treasury bonds.

Arthur Hayes, former CEO of BitMEX, believes that foreign capital repatriation and the devaluation of U.S. treasuries will drive Bitcoin's price surge.

Concerns over inflation, currency debasement, and government debt are reinforcing Bitcoin's reputation as a hedge against systemic risk.

Technical analysts suggest that Bitcoin may be on the verge of a breakout to $140,000, with transaction volume indicating a potential for a parabolic move.

Major financial players like Fidelity Investments predict even higher Bitcoin valuations, with some envisioning a future price of $13 million by 2045.

He suggests that increasing capital controls will lead investors to decentralized assets like Bitcoin, which offers advantages over gold for cross-border transfers.

Currently, Bitcoin is trading within a defined range, with prices fluctuating around $101,700 to $104,200, indicating potential buying opportunities.

Hayes describes Bitcoin as the ideal safe haven for global capital exiting the U.S. market.

Hayes' recent predictions have gained traction, with proponents believing in Bitcoin's potential for a 900% rise given the current economic climate.

As of mid-May 2025, Bitcoin was trading at approximately $103,025, reflecting growing institutional interest amid concerns about fiat currency stability.

Senator Cynthia Lummis has proposed that the U.S. government acquire one million BTC to bolster its reserves, a move that could significantly impact Bitcoin prices.

Hayes warns Europeans to secure their personal funds quickly due to potential tightening of capital controls and ineffective governmental responses to economic challenges.