Arthur Hayes, the co-founder of BitMEX has recently shared his perspective on Bitcoin (BTC), suggesting a potential surge in BTC’s value to $1 million.
In a post on X, Hayes highlighted the lack of rationale for not taking a long position in cryptocurrency, pointing out the skepticism about traditional fiat currency.
Fiat currency
— Elon Musk (@elonmusk) October 1, 2023
According to Hayes, the fiat currency in one’s pocket is “a filthy piece of trash.” His message, laced with a blend of faith and finance, culminated in a cryptic yet emphatic prediction: Bitcoin’s value will skyrocket to $1 million.
Bitcoin’s Role In The New Economic Landscape
Accompanying his post was an image of a Bloomberg article titled “Wall Street Traders Go All-In on Great Monetary Pivot of 2024,” which discusses a significant shift in monetary policy forecasted for 2024.
The Bloomberg article referenced by Hayes outlines a surprising alignment between Wall Street traders and the Federal Reserve, suggesting a change in the financial ecosystem.
At this point, there is no excuse not to be long #crypto. How many more times must they tell you that the fiat in your pocket is a filthy piece of trash. Believe in the Lord, and he shall set you free.
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Author: Samuel EdymeDid you like this?
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