Bitcoin Will Reach $750,000 By 2026, Predicts Arthur Hayes

BitMEX co-founder and macro analyst Arthur Hayes predicted that the price of Bitcoin would rise between $750,000 and $1,000,000 per coin in approximately 3 years.

His prediction, which is far more bleak than most analysts, is based on macroeconomic research that all financial assets are due for unprecedented growth.

The biggest bull market ever

In an interview with Impact Theory published Tuesday, Hayes said he expects to continue to trade around $25,000 to $30,000 this year, up from the previous all-time high of $69,000 by the end of 2024.

Next year's gains will be boosted by a growing economy that keeps real interest rates negative, encouraging investors to continue to seek yield in riskier areas of the economy, such as crypto.

Other bullish factors include Bitcoin's upcoming halving event in April and the launch of more Bitcoin ETFs by large asset managers – including BlackRock in the United States.

That's when “the real fun begins,” according to Hayes.

“My supported target is $750,000 to $1,000,000 level, 2026 timeframe,” the analyst said. “I believe this is going to be the biggest bull market in financial resources we've ever seen in human history.”

His prediction doesn't just apply to Bitcoin: the Nasdaq, the S&P500, other stock indexes, and various asset classes will also rise to the moon. “We have a lot of ridiculous prices out there, and not just in crypto,” he said.

AI investment boom

Hayes predicts that governments will print more money than in human history to prevent the global bond market from collapsing. This money printing, combined with the latest wave of hype around artificial intelligence (AI), will create “the biggest tech boom mania we've ever seen.”

A bull on both AI and crypto, Hayes has previously written essays arguing that AI prefers BTC as its base currency, as it needs a decentralized currency to run its day-to-day operations.

Hayes plans to deploy additional capital in both sectors as a result of the Federal Reserve's policy of low interest rates.

“I'm not going to try to determine when that will happen,” he said. “They're going to be very clear about what they're doing, and the question is whether you believe them or not.”