BitMEX founder projects $750,000 to $1 million #Bitcoin price by 2026

[taufik123]

Again and again, very bullish predictions are aimed at bitcoin.
Previously Michael Saylor predicted Bitcoin would reach a price of $5 million
https://twitter.com/bitcoinlfgo/status/1700981076389413281

This time Former BitMEX CEO Arthur Hayes also explained his prediction

He even said Bitcoin in 2026 will reach a value of $750,000 to $1 million, this is a fantastic figure, considering that currently, Bitcoin is still at a price of $27k-$28k.

The main reason is because he anticipates a financial crisis that could cause interest rates to drop to zero, or a scenario where interest rates increase, but not as fast as the level of government spending. In such a situation, Hayes argues that Bitcoin could be worth around $70,000 by the end of 2024, partly driven by a crypto-halving event.

He also foresees the launch of various exchange-traded funds by major asset managers in the US, Europe, and possibly Hong Kong.
Hayes explains, "That's when the real bull market starts."

Is this a sign of the rise of Bitcoin?
so many predict Bitcoin to reach a fantastic price in the next few years.


Source:
https://bitcoinmagazine.com/culture/bitmex-founder-750k-to-1-million-bitcoin-price-by-2026
https://twitter.com/BitcoinMagazine/status/1709886903338549499

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[Hamza2424]

$1M Bitcoin valuation speculation is not new here.. as far as I know, a couple of months ago a micro/macroeconomist named BalaJii created a thread on the speculation of Bitcoin in 90 days. At that time there were so many positive rumors supporting his speculation as Blackrock's spot EFT application and other initial adoption indications. In short, his speculation got weightage at that time due to positive market sentiments. But I think even 150 + days are gone and there's nothing like that even hinting at the market.

At that time market was looking favorable and now in the current timeline, there are a lot of challenges we can consider but it will require a lot of developments back to back to boost market price to this level.

[salad daging]

Don't know if this will be the rise of bitcoin after halving, because there has been so much speculation with fantastic numbers no wonder they are so confident with that number but we as retail investors are quite realistic with the number $100K - $150K. Maybe they are trying to create FOMO from now on to make the upcoming bullish?

The speculation about the future price of bitcoin that I have seen ($5M - $1M - $500K - $100K) there is nothing wrong with that prediction but when an exchange leader says it then it makes the news and is broadcasted.

Who wouldn't be happy with $750K in 2026? But I doubt it will happen.

[Ayers]

But is there any law or rule that says bitcoin will move exactly according to these people's predictions? I mean, just because market influencers make predictions doesn't mean things will work out as they say. They, like us, are bitcoin investors and they hold even more bitcoin than we do, so I would be more cautious when they try to exaggerate the price for bitcoin. Don't forget that their goal is no different from ours, which is profit, so always be skeptical of what they say. The fact that they are bullish about bitcoin is a good thing because it will attract more people to know and participate in bitcoin but everything has its motive and purpose, so be careful.

Furthermore, whether these celebrities make predictions about bitcoin or not, bitcoin will still increase in price because it is cyclical and the demand for bitcoin is increasing. Bitcoin price increase is inevitable.

[taufik123]

-snip-
At that time there were so many positive rumors supporting his speculation as Blackrock's spot EFT application and other initial adoption indications. In short, his speculation got weightage at that time due to positive market sentiments. But I think even 150 + days are gone and there's nothing like that even hinting at the market.
-snip-

That's just speculation and many other different speculations.
Whether it is true or not is only a matter of time.
Speculation without analysis can obviously never be trusted.

-snip-
The speculation about the future price of bitcoin that I have seen ($5M - $1M - $500K - $100K) there is nothing wrong with that prediction but when an exchange leader says it then it makes the news and is broadcasted.
-snip-

There will be many different predictions about what price Bitcoin will reach in the future.
The current price of $100k-$150k is still quite realistic for the upcoming ATH, retail investors still have the opportunity to buy at a low price before it hits $100k and above. 

-snip-
Furthermore, whether these celebrities make predictions about bitcoin or not, bitcoin will still increase in price because it is cyclical and the demand for bitcoin is increasing. Bitcoin price increase is inevitable.

Those who have many followers, are famous, and have great power on social media can only influence through speculation.
As there are many positive speculations being discussed, of course, this is also a good opportunity to start buying Bitcoin.
The ups and downs of Bitcoin prices cannot be avoided because indeed bitcoin price fluctuations run quickly.

But stay alert to the various manipulatives that will occur later.
Don't try to fight the direction without any strength.

[Faisal2202]

This time Former BitMEX CEO Arthur Hayes also explained his prediction

He even said Bitcoin in 2026 will reach a value of $750,000 to $1 million, this is a fantastic figure, considering that currently, Bitcoin is still at a price of $27k-$28k.

Wait what!! he thinks BTC can reach $70k by the end of 2024 and $750,000 to $1 million by 2026. I mean, we all become a little sensitive when we spend a lot of time analyzing the market and economic events. And ideas/predictions come to our mind and sometimes those predictions are so unrealistic that, a normal person (like me) can see them coming.

It's not going to happen very soon. And we might not see BTC at 1 million dollars maybe till 2030. I mean, I know the US is facing problems with interest rates, and ETFs have also a good impact. but BTC's price does not only depend solely on the US factors solely and depends on the demand and supply factors mostly.

Well, still, if this happened then I would regret using my BTC for my daily needs but just like laszlo, I have to accept my faith. 

[flyingcarpet]

This time Former BitMEX CEO Arthur Hayes also explained his prediction

He even said Bitcoin in 2026 will reach a value of $750,000 to $1 million, this is a fantastic figure, considering that currently, Bitcoin is still at a price of $27k-$28k.

I do not think it is right to make such high price predictions. Famous people who make predictions must base their predictions on logical reasons. Everything has a stage and a path to go through. Maybe this price will be realized in the coming years, but for me it is more important through which stages it will reach this price.

Will Bitcoin be available worldwide? Will states legally accept Bitcoin? I think these phases are more important than the Bitcoin price.

[South Park]

This time Former BitMEX CEO Arthur Hayes also explained his prediction

He even said Bitcoin in 2026 will reach a value of $750,000 to $1 million, this is a fantastic figure, considering that currently, Bitcoin is still at a price of $27k-$28k.

Wait what!! he thinks BTC can reach $70k by the end of 2024 and $750,000 to $1 million by 2026. I mean, we all become a little sensitive when we spend a lot of time analyzing the market and economic events. And ideas/predictions come to our mind and sometimes those predictions are so unrealistic that, a normal person (like me) can see them coming.

It's not going to happen very soon. And we might not see BTC at 1 million dollars maybe till 2030. I mean, I know the US is facing problems with interest rates, and ETFs have also a good impact. but BTC's price does not only depend solely on the US factors solely and depends on the demand and supply factors mostly.

Well, still, if this happened then I would regret using my BTC for my daily needs but just like laszlo, I have to accept my faith. 

Do I think that in the case of a systemic economic crisis at the beginning bitcoin will suffer but then it will do great? I do, however what no one knows is when such crisis will finally get to happen, and while such crises seem to appear out of nowhere, at the same time the economy has resisted despite the huge difficulties we went through the pandemic, so I am not so sure that such a collapse of the economy could appear so soon.

[cabron]

I think it was also Micheal Saylor who predicted BTC to be $100k by 2020 bull run, we know how it goes. This time I think we can already assume he meant this priection will be in the next 5 halving. New investors in crypto should just be watching the chart by the time the bull market is at its peak because it may also be quick when it goes down and not expect too much to reach $200k.

This prediction is for the new investors who will patiently wait for $1M while BitMEX founder is busy dumping.

[ShowOff]

I can't be at all sure that either of those two predictions will come true in just 3 years from now. It may seem difficult, but anything is possible. Many predictors or speculators out there believe in the great potential of bitcoin in 2024,2025 and 2026, but we still cannot be sure of anything because we do not know the future.

The price of bitcoin could reach $750k or $1m if bitcoin can print 3x the price of the previous ATH in the next bullish cycle. That's probably one of my considerations about hitting $1m in the next 3 years, but right now that's too bullish to say.

[Baofeng]

Yeah, just like when we have a lot of predictions as well when we approach bear market, similar to what we are hearing and seeing from different personalities that is involved in bitcoin. Specially those who have been very early, and so others might view their prediction as somewhat has some weight, although everyone here can make his/her own wild but educated guess.

So we will see, 2026 though might be a bear market year? Because if we look at the pattern 2024-2025 will be the bull run, so the next after that we might see a decline i price. Nevertheless this is just a prediction so we really don't know if this is going to be a hit or miss.

[livingfree]

With parabolic movement of Bitcoin, everything is possible.

I am not against to the positive and high predictions and everyone is entitled for that. But when these times are coming, what I have noticed are these all bullish predictions.

It's like that whenever these come, isn't it scary when everyone is happy and taking these predictions that much? I am for it and has always been bullish but you know when there are bloods in the streets and about everyone being happy and greedy, right?

I've got my own prediction as well but not that too early but more likely after the 2nd halving on 2028 and up.

[SamReomo]

That guy was drunk most probably when he predicted that Bitcoin could reach $1 million by 2026. Although, it's not impossible for Bitcoin to reach $1 million value but 2026 is too early for it to reach that price mark. I can safely say that Bitcoin may reach $1 million mark after 2030 but not earlier than that. I'm also a Bitcoin supporter and I believe that it will grow in value without any doubt but trusting such claims is some kind of stupidity. What I believe is that Bitcoin may reach $100k or above in value in 2026 but it will has to face another bear market which might make its price to dump once again.

[goaldigger]

This is very bullish and I wonder how the whales behave during this level because for sure, they will take profit most of the time and we will be down again. Well, I’m hoping for this level to happen since everyone of us here believe in the future of Bitcoin its just that its too good to be true. If you have Bitcoin holdings better to predict more realistic and hold onto that price prediction until it happen.

[o48o]

Again and again, very bullish predictions are aimed at bitcoin.
Previously Michael Saylor predicted Bitcoin would reach a price of $5 million
https://twitter.com/bitcoinlfgo/status/1700981076389413281

Michael Saylor has been truly drinking all the kool-aid there was. I wish i had that optimism. But when you are largest whale, i guess it would be stupid for your bags to set low estimates.

-cut-
He also foresees the launch of various exchange-traded funds by major asset managers in the US, Europe, and possibly Hong Kong.
Hayes explains, "That's when the real bull market starts."
-cut-

I sort of agree with this, but major asset managers most likely won't be holding any bitcoins themselves in any actual wallets.
They most likely trade syntethics in some of their legit exchanges.

[_BlackStar]

-snip-

Michael Saylor has been truly drinking all the kool-aid there was. I wish i had that optimism. But when you are largest whale, i guess it would be stupid for your bags to set low estimates.

Saylor had to do it - it was part of his way of maintaining his optimism and motivation to hold onto bitcoin and continue accumulating it. I don't know - I don't think it's unusual for it to hit $5M, but I'm sure it won't be hit without major support like the approval of spot bitcoin ETFs and the halving.

I agree that $1 million and $5 million is not an impossible price for bitcoin in the future - but I believe that bitcoin will need major support to reach that price. But I wonder if anyone would still have the guts to buy $5M worth of bitcoin that times and their hold for long term - maybe Saylor?

[Fatunad]

Is this a sign of the rise of Bitcoin?
so many predict Bitcoin to reach a fantastic price in the next few years.


Source:
https://bitcoinmagazine.com/culture/bitmex-founder-750k-to-1-million-bitcoin-price-by-2026
https://twitter.com/BitcoinMagazine/status/1709886903338549499

Im already that numb when it comes to these predictions on which they could say all the numbers that they do want but im not really that making myself that believing that it could really happen.
Lets stick into that realistic side of things that we do even have a hard time on breaking 30k. How much more into that previous ATH that it does have which is $69k. Lets talk about $100k first
before speaking about +100k increments overtime. Well, everything could really happen considering that there are still tons of various source of money could flow to crypto. It is really just that there's no way that it could really be known or predicted on when it would really be that going down the stream.

$100k is already a struggle is should say but well we are still on pre-halving season or time on which there's still lots of room for the price to rise up.It is really just that recommended or right on investors or traders perspective that we should really be having that realistic approach at least so that we arent that anticipating that much about into those numbers been mentioned. Lastly, it seems like those fellas
had already filled up their bags and now trying out to make some bullish sentiment and just trying to drive the market up.

[$crypto$]

So we will see, 2026 though might be a bear market year? Because if we look at the pattern 2024-2025 will be the bull run, so the next after that we might see a decline i price. Nevertheless this is just a prediction so we really don't know if this is going to be a hit or miss.

It is still very difficult to predict whether this year is really bearish like the previous cycles or there is something different where prices are still high?
Because the bitcoin cycle - Halving > Bullish > Bearish, this is just a prediction, sometimes it will be different from the previous cycle because of some other factors and forces that make the price stronger.

My optimism is a little small that is expected in this wild guess although this is very likely to happen in a few years time, but I will see how bitcoin adoption is greater maybe it is a little effect where bitcoin will not have another bearish decline after halving, but I think it is unlikely. 

[fzkto]

Don't know if this will be the rise of bitcoin after halving, because there has been so much speculation with fantastic numbers no wonder they are so confident with that number but we as retail investors are quite realistic with the number $100K - $150K. Maybe they are trying to create FOMO from now on to make the upcoming bullish?

The speculation about the future price of bitcoin that I have seen ($5M - $1M - $500K - $100K) there is nothing wrong with that prediction but when an exchange leader says it then it makes the news and is broadcasted.

Who wouldn't be happy with $750K in 2026? But I doubt it will happen.

It seems more like science fiction to me too, especially since this prediction is for the next few years. But bitcoin has surprised absolutely all people repeatedly, so why not. Although I also think that after the upcoming halving the price will be around 100-120k.

[freedomgo]

Anything could happen with Bitcoin. It has a limited and fixed supply, so the price could grow depending on demand. A $1 million price target is still realistic, considering that in the past, people couldn't imagine Bitcoin going from $1 to $10,000, but it happened. So, I wouldn't question that prediction, especially when more people are bullish about Bitcoin's future.

What we need now is to drive a bullish market. Although there have been some minor runs, we still cannot confirm if we are already in a bullish period. Perhaps after the halving occurs, since it's usually a driving factor for a bullish market.

Achieving $1 million in less than 2 years would be awesome. I hope we won't be tempted to sell when it reaches half of that price.