Arthur Hayes predicts: Bitcoin to hit seventy thousand next year, peak in 2026, then it's doomsday!

Former BitMex CEO Arthur Hayes has started making predictions again.

What is the "Doomsday"?

Arthur Hayes did not specifically define what "Doomsday" is, and he believes it is not necessary to dwell on it.

He feels that there are too many ticking time bombs in this world, and predicts that 2025 or 2026 might be when one of them explodes, possibly resulting in a war or social reform.

He specifically points out two of these time bombs: quantitative easing and societal discontent.

When the bomb goes off, the trust that keeps society and the financial system running will disappear, and everyone will only think about themselves. In such a scenario, Bitcoin prices will fall as well. However, in the end, Bitcoin will be profitable.

"With the emergence of a banking crisis, the US federal government, needing self-financing, issued trillions of dollars in debt, essentially putting a lot of gunpowder together. This situation is expected to explode in Q3 or Q4 of this year, and I believe it will ultimately benefit Bitcoin significantly, although Bitcoin's price fluctuations during this process will be substantial."

This podcast episode was released on 5/26, so the recording may be earlier. The US Congress recently reached a preliminary agreement on the debt ceiling, so whether Arthur Hayes's prediction of an explosion in Q3 or Q4 will come true is particularly intriguing.

More details on the debt ceiling: Bipartisan US debt negotiations close to consensus, overview of key points of the agreement, opinions from left and right