Former BitMex CEO Arthur Hayes has shared another bold prediction about Bitcoin's future. He forecasts BTC surpassing $70,000 in 2025, peaking in 2026, followed by what he ominously calls "doomsday."
Key Predictions
- 2025 Target: Hayes believes Bitcoin will break the $70,000 barrier next year, fueled by the halving cycle.
- 2026 Peak & Collapse: Prices may surge further until reaching a zenith in 2026, after which a financial bubble could burst.
- Halving Mechanics: The 2024 halving will reduce block rewards to 3.125 BTC, historically a bullish catalyst (though demand factors remain critical).
Hayes stated:
"I don’t see Bitcoin hitting $70K this year, but 2025 seems likely. The rally could continue through 2026 until the system hits a breaking point."
The Looming "Doomsday"
While Hayes avoids specifics, he highlights two potential triggers:
- Quantitative Easing Fallout: Unsustainable debt accumulation and monetary policies.
- Social Unrest: Escalating geopolitical tensions or civil instability eroding institutional trust.
👉 Why experts say Bitcoin thrives in crisis
He warns:
"When trust collapses, Bitcoin may plummet temporarily—but its decentralized nature will ultimately prevail."
Current Context
- Hayes recorded these insights in late May 2023, predating the U.S. debt ceiling resolution.
- His Q3/Q4 2023 "powder keg" theory remains untested but aligns with broader macroeconomic concerns.
FAQs
Q: Why does Hayes focus on 2025–2026?
A: The post-halving supply squeeze typically manifests 12–18 months later, coinciding with potential macroeconomic crises.
Q: How reliable are Hayes’ past predictions?
A: He accurately forecasted 2020’s Bitcoin rally but missed 2021’s $69K peak timing.
Q: Should investors fear "doomsday"?
A: Volatility is inevitable, but long-term holders often benefit from shakeouts.
👉 Bitcoin halving cycles explained
Risk Disclosure
Cryptocurrency investments carry high volatility and capital risk. Always conduct independent research before investing.