- Arthur Hayes expects a short-term Bitcoin rally to $150K by the end of May, with a year-end rally of $250K.
- A predicted correction could precede the rally, which can be initiated by the mini financial crisis and the liquidity of the central bank.
- Hayes believes U.S. capital controls—not ETFs—could drive Bitcoin to $1 million by 2028.
The Bitcoin price is once again at the center of attention as it continues its upward climb in what appears to be the final phase of the current bull cycle. Riding on the back of macroeconomic optimism and institutional interest, Bitcoin is showing renewed strength, with analysts Arthur Hayes forecasting a final pump to a new ATH above $150k. Once the flagship cryptocurrency completes this move, its price is forecasted to pump to $250k by Year End and $1M by 2028.
Hayes forecasted a correction in Bitcoin’s price where he linked the anticipated dip to an incoming mini financial crisis, which he believes will prompt a renewed wave of money printing by global central banks. According to his predictions, this liquidity rush may propel Bitcoin to $250,000 before the year ends, signaling the stark change in macroeconomic and crypto settings.
Bitcoin Steadies Amid Mixed Momentum Signals
At press time, Bitcoin was trading at $101,775 after falling by merely 1.4% in the last 24 hours. Nevertheless, the price is currently a 3.2% increase in the previous seven days and almost a 20% rise in the last month.
Strengthening the analyst’s view of a potential rally toward $150,000, Bitcoin’s recent price action continues to align with key technical indicators, reinforcing the bullish outlook. The (RSI) currently is at 52.73, suggesting neutral momentum with neither buyers or sellers in clear control.
However, the MACD indicator reflects mild bearish pressure, as the MACD line remains below the signal line pointing to a slowdown in upward momentum in the short term.
Hayes Warns Capital Controls Could Fuel Bitcoin’s Ascent
Arthur Hayes goes ahead and predicts that Bitcoin (BTC) could reach $1 million by 2028 not because of ETF inflows or growing institutional interest, but due to the looming capital controls in the United States. He views that the government of the United States might impose financial restrictions on foreign investors and that this may drive a switch from traditional assets to the alternatives such as Bitcoin or Gold.
He argues that tariffs, which were initially used in efforts to bring manufacturing back to the U.S., are not politically sustainable. From his perspective, capital controls could provide a more yet silent solution. Thus, Bitcoin’s trajectory toward $150K, and potentially $1 million by 2028, hinges on both technical momentum and global financial policy developments.
