The founder of BitMEX, Arthur Hayes, has reiterated his famous prediction that the Bitcoin price will reach $1 million by 2030.
Hayes also reiterated his prediction that BTC could reach $1 million as central banks like the Fed lose control of interest rates, necessitating control policies to fix rates as “politically expedient levels.” Historically, halvings tend to catalyze bullish price action by cutting BTC mining rewards in half, reducing new supply.
All in all, the stars look to be aligning for Bitcoin to continue its positive trajectory in the remaining weeks of 2023 and beyond.As Bitcoin’s dominance strengthens, investors are looking for opportunities to capitalize on any impending bull run.
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