Arthur Hayes: $1M Bitcoin by 2028 Isn’t a Meme — It’s a Macro Move

Thu May 01 2025
At TOKEN2049 Dubai, BitMEX co-founder Arthur Hayes predicted Bitcoin could hit $1 million by 2028, citing U.S. liquidity injections, fiscal chaos, and institutional momentum as the driving forces behind the next crypto supercycle.

🚀 “It’s Time to Buy Everything” — Arthur Hayes Unleashes $1M BTC Thesis

At TOKEN2049 Dubai, Arthur Hayes, co-founder of BitMEX, didn’t just stir the pot — he set the macro narrative on fire:

“It’s time to buy everything.”

His message? Bitcoin is heading to $1 million by 2028 — and it’s not just vibes, it’s macro math.


💸 Liquidity Is the Rocket Fuel — And It’s Coming

Hayes sees history repeating:

  • 🧯 High interest rates
  • 🤯 Market jitters
  • 🏛️ A government with no choice but to print

He compared 2025’s setup to the 2022 REPO-fueled recovery, when the Fed injected $2.5 trillion and risk assets — including BTC — went vertical.

With Trump pushing tariffs, deficits ballooning, and political chaos rising, Hayes sees another round of quantitative easing as inevitable.

“The U.S. Treasury is printing money to fund the government.”
— Arthur Hayes

And where does that liquidity go? Right into high-convexity assets like Bitcoin.


🧠 The Macro Setup: Same Playbook, Bigger Stakes

  • BTC is already up 6x since 2022
  • The U.S. is once again running massive deficits
  • Interest rates can’t go much higher without breaking the system
  • Powell, under Trump, might step back — letting markets burn

Result? Hedge funds scoop up U.S. debt. Liquidity surges. Bitcoin leads.

“We’ve seen this movie before. Liquidity finds its way into the assets with the highest convexity.”


🌎 He’s Not Alone: Big Names Back the $1M Vision

Hayes isn’t the only macro bull shouting into the void — here’s who else is riding the rocket:

  • 🧠 Ark Invest sees BTC hitting $300K–$2.4M by 2030
  • 📈 Peter Chang (Presto): $210K BTC target by year-end 2025
  • 💼 Robert Kiyosaki: $500K in 2026, $1M by 2030
  • 🌐 Jack Dorsey: Bitcoin’s community + code = unstoppable adoption

The thesis? Bitcoin isn’t just digital gold. It’s core collateral in a post-fiat financial world.


📊 BTC in 2025: Resilient, Bullish, Ready

Current price: $94,703
Monthly gain: +15%
Market mood: Bulletproof.

Bitcoin is holding strong despite:

  • 🔥 Geopolitical shocks
  • 🏛️ Central bank uncertainty
  • 🌊 Global liquidity recalibration

Hayes says Bitcoin will be the “go-to store of value” in an age of fiscal insanity and currency erosion.


🧠 TL;DR: When Liquidity Comes, Bitcoin Wins

Arthur Hayes thinks $1M BTC by 2028 isn’t wild — it’s logical.

From REPO madness to debt-fueled chaos, the setup is simple:

  • Liquidity flows
  • Bitcoin pumps
  • Institutions follow

The next big move? Already in motion.
And if history rhymes — Bitcoin’s the loudest verse.

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