Arthur Hayes, co-founder of BitMEX, predicts Bitcoin could reach $3.4 million by 2028, driven by potential U.S. Federal Reserve yield curve control and Trump monetary policies.
This projection underscores cryptocurrency’s potential role as a hedge against aggressive monetary policies, influencing investor strategies and market dynamics amidst political changes.
Arthur Hayes, former CEO of BitMEX, has predicted that Bitcoin could reach $3.4 million by 2028. This projection hinges on possible monetary actions by the Federal Reserve and policies under a renewed Trump administration.
Hayes suggests that a combination of yield curve control and money printing led by a Trump presidency could heavily impact Bitcoin’s value. His analysis was published in a detailed essay on his Medium blog.
Bitcoin Price Could Skyrocket to $3.4M by 2028
Arthur Hayes, former CEO of BitMEX, has predicted that Bitcoin could reach $3.4 million by 2028. This projection hinges on possible monetary actions by the Federal Reserve and policies under a renewed Trump administration.
“My model assumes $15.229 trillion in Fed and commercial banking credit growth by 2028, with a Trump administration likely to use yield curve control to force money printing. The true number isn’t $3.4 million exactly – it’s about direction.” — Arthur Hayes, Co-founder, BitMEX
Fed Policies Could Boost Bitcoin by $15 Trillion Credits
Hayes believes such financial policies would lead to vast credit growth, reaching over $15 trillion. The anticipated conditions could position Bitcoin as the prime asset, referred to as the “fastest horse” by Hayes in monetary expansion scenarios.
Market commentators have discussed these claims on social platforms, noting potential regulatory scrutiny if related policies were enacted. Hayes’ assumptions consider historical credit expansion effects on Bitcoin’s performance, which rose by 19% with each trillion-dollar increment.
WWII Yield Curve Model as Predictive Framework
Hayes draws parallels with U.S. World War II-era yield curve control, where capping Treasury yields financed deficits. He notes this model as a key framework for understanding future Fed actions under a Trump administration.
Experts suggest Hayes’ price call might reflect directional rather than precise targets, given the historical correlation between credit growth and Bitcoin price increases. His analysis is seen largely as indicative rather than definitive.
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