Arthur Hayes, co-founder of BitMEX, has forecasted a potential peak of $1 million for Bitcoin in the current market cycle. In a recent broadcast, Hayes suggested that Bitcoin could bottom out at $60,000 and rise to $145,000 by year-end, driven by increased liquidity from government and central bank actions.
Hayes also identified three projects he expects to outperform Bitcoin: Hyperliquid, Zcash, and Near Protocol. He described Hyperliquid as his most secure investment, predicting it could become the largest exchange with a price target of $150 by August. Hayes sees Zcash benefiting from growing demand for privacy, potentially reaching 10% of Bitcoin's value. Near Protocol, with its AI and privacy focus, is also expected to perform well. Hayes's portfolio is predominantly in Bitcoin, with allocations to Ethereum, Zcash, and Hyperliquid.
Arthur Hayes Predicts Bitcoin to Hit $1 Million, Highlights Altcoin Opportunities
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