Arthur Hayes, former CEO of BitMEX, believes that Bitcoin could reach a price of $1 million by 2028. He maintains his bullish stance on the cryptocurrency market, citing several factors including potential inflation and a shift towards quantitative easing measures by governments. During the Token2049 conference in Dubai, Hayes drew parallels between current market anxieties and those faced during the 2022 turmoil, noting that US intervention through a repurchase program helped stabilize the economy. He argues that increased government spending on debt purchasing will further boost liquidity, driving Bitcoin’s price even higher. His predictions are based on a belief in Bitcoin’s long-term growth potential and anticipate it to skyrocket in value in the coming years. While market concerns remain regarding the economy, Hayes believes these challenges are unlikely to hinder Bitcoin’s trajectory.