Arthur Hayes, a seasoned crypto veteran and co-founder of Bitcoin exchange BitMEX, is advocating a bullish outlook as the altcoin season approaches. His prediction hinges on Bitcoin potentially reaching $110,000 in the near future, before surging to over $250,000 during the current market cycle. This view aligns with the sentiment of many other Bitcoin advocates who anticipate sustained price momentum above $100,000. Hayes’s bullish stance stems from a belief that this rally will be driven by expanding DeFi applications and growing institutional investments. He expects this upward trajectory to accelerate as we approach summer or early Q3, leading to a distinct altcoin season.