Bitcoin Will Not Cost $3.4 Million by 2028, Says Arthur Hayes

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Key points: Bitcoin will be “markedly higher” by 2028, Arthur Hayes says, but $3.4 million per coin is too bullish. BTC price increases from credit growth may not match past performance. US money printing is back with the Trump administration, opening the path to BTC price expansion. Bitcoin (BTC) will trade “markedly higher” than its current $113,000 by 2028, says former BitMEX CEO Arthur Hayes. In his latest blog post, “Four, Seven,” released Tuesday, Hayes sees money printing taking BTC price action to new records. Hayes sees BTC price “markedly higher” US money printing under the Donald Trump administration will...