Speaking at the TOKEN2049 conference in Dubai, Hayes projected that BTC would reach seven figures by 2028, citing a wave of anticipated money printing under a second Trump administration as the primary driver.

“We’re going to around a $1 million [BTC] by 2028, because we’re going to print more money in Trump’s 2.0 than Biden did in his term,” Hayes told the audience.

Liquidity Surge Expected Under Trump 2.0

Hayes argued that the Republican Party — particularly under Trump — will inject liquidity into the markets to bolster economic sentiment heading into the 2026 midterm elections. That fiscal stimulus, he suggested, would mirror the monetary conditions that previously drove Bitcoin to new highs.

“They’re going to do what they need to do to stimulate the economy, to create the impression of growth and strength, so that they get re-elected,” he said.

US-China Tensions Could Fuel the Rally

Hayes also pointed to geopolitical risk as another potential catalyst. If trade relations between the United States and China deteriorate, Hayes believes the U.S. will be even more likely to print money to maintain economic stability.

“This secular change in the relationship between the two largest economic and military powers is going to be funded with printed money. Bitcoin is going to go much higher than it did from 2022 to 2025,” Hayes concluded.

His forecast aligns with broader market sentiment that quantitative easing (QE) and dollar debasement continue to be long-term bullish factors for Bitcoin.

The post Arthur Hayes Predicts $1M Bitcoin by 2028 — Here’s Why appeared first on Coindoo.

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Filed under: Bitcoin - @ May 15, 2025 11:12 am