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

[serjent05]

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.

Isn't the year 2026 the time when the bull market starts to transition to a bearish market?  According to the 4-year cycle, the bull market never extends for a year, like in 2021, the year 2022 is the transition of a bullish market to a bearish one and the start of the correction from the overly hyped Bitcoin price resulting in new ATH.

I find it impossible to believe such a prediction especially when I have witnessed how history repeats itself from  2014, 2018, and 2022, when the Bitcoin market started to downtrend after Bitcoin reached ATH.

[LFC_Bitcoin]

That kind of price range could come this decade but if it does then I think it’s more likely in 2029, a year after the 2028 block reward halving. I think possibly that $750,000 to $1,000,000 per coin in 2025 or 2026 is a bit too much.

The only way I see Hayes being right here is if there is unprecedented institutional demand due to spot ETC’s being approved. Even then though it would take something like an epic run away from the $.

I think maybe 2028 or 2029 we could see those prices, if we’re lucky.

[South Park]

That kind of price range could come this decade but if it does then I think it’s more likely in 2029, a year after the 2028 block reward halving. I think possibly that $750,000 to $1,000,000 per coin in 2025 or 2026 is a bit too much.

The only way I see Hayes being right here is if there is unprecedented institutional demand due to spot ETC’s being approved. Even then though it would take something like an epic run away from the $.

I think maybe 2028 or 2029 we could see those prices, if we’re lucky.

I have the same thoughts, such a performance will be too good to be true for this cycle, however such a price could be reached during the 2029 or the 2033 bull run, and that is assuming we get one, because as we know the halving effect is getting weaker each year due to the block reward getting smaller, and at some point this idea of a bull run happening some time after the halving may finally run into a wall and disappear as the cycles of bitcoin change.

[dunfida]

That kind of price range could come this decade but if it does then I think it’s more likely in 2029, a year after the 2028 block reward halving. I think possibly that $750,000 to $1,000,000 per coin in 2025 or 2026 is a bit too much.

The only way I see Hayes being right here is if there is unprecedented institutional demand due to spot ETC’s being approved. Even then though it would take something like an epic run away from the $.

I think maybe 2028 or 2029 we could see those prices, if we’re lucky.

I have the same thoughts, such a performance will be too good to be true for this cycle, however such a price could be reached during the 2029 or the 2033 bull run, and that is assuming we get one, because as we know the halving effect is getting weaker each year due to the block reward getting smaller, and at some point this idea of a bull run happening some time after the halving may finally run into a wall and disappear as the cycles of bitcoin change.

People already assuming that 4 year cycle would really be an absolute thing to happen whenever we do reach out those particular years on which it would really be that not really that a guaranteed thing that it would really be still happening in the future which same as you said that we dont really even know if there would really be still some bull run on near future. Somewhat as long that adoption and recognition doesnt stop then those probabilities would really be still high but on the sense that there's no way on knowing on what the future brings, then it would be always recommendable that you should really be setting out those risks management well.
Only invest on the amount that you are really that willing to lose or something that wont really be ending up on devastation whenever this market would turns out to be shit or something not that good anymore.

Positive sentiments like this wont really be that much a shocking thing which these fellas had obviously filled out their bags and just trying out to make some positive sentiments to drive on the price
go up and then making some selling whenever the target hits. Therefore, it would be always ideal that you should really know on how to spot those kind of intents which it isnt really that
new or shocking thing on this market or space.

[Unbunplease]

The price increase is too big to become a reality (one can remember when McAfee predicted a $1 million price). I think the only purpose of such predictions is to attract more hamsters when bitcoin starts its rally, which usually occurs after halving. Any other reason for such inflated predictions is hard to find.

[$crypto$]

There is another prediction from Standard Chartered bank predicting a bitcoin price by the end of 2024 of $120,000.
Source: https://twitter.com/BTC_Archive/status/1712771899934064695

This definitely makes sense with their prediction compared to others above $500K, only we still don't know what it will be at that time? Now there has been a lot of speculation coming into the media about the bitcoin price after the halving. In the following year, so many may have predicted that the end of 2024 will be the highest peak again.

[KiaKia]

Don't take it serious if you know what's best for you, before Bitcoin hit 69k and turned back in 2021 many prediction are showing up on news online, from popular people in the financial sectors and also in crypto space, it's all a means to tie investors money down so that they can relax and dump on you all.

You as an investor should already have a price target for taking your profits right now, if you haven't figure this out already you are in the same category as those people who are trapped at the ATH of Bitcoin, thinking that Bitcoin will hit $150,000, if you let this deceivers get the best of you there will be sad stories to share by the end of 2025 going into 2026.

The reality price target is around 80k or 100k, I know many will target more but don't sit on your hands watching your return of investment roll down from the hills, start taking your profit and get them out of the way, there will always be fools in this market, avoid getting dumped on by the smart investors.

[taufik123]

The price increase is too big to become a reality (one can remember when McAfee predicted a $1 million price). I think the only purpose of such predictions is to attract more hamsters when bitcoin starts its rally, which usually occurs after halving. Any other reason for such inflated predictions is hard to find.

Everyone has the right to speculate even if it sounds crazy.
You just need to respond wisely, whether it's in line with your expectations or not.

Of course, it's good if the goal is to attract more hamsters into the right cage.
Overprediction is a hype that is always created by people who have a lot to contribute in the real world and they do that for promotional purposes and
of course, they already hold in advance.

There is another prediction from Standard Chartered bank predicting a bitcoin price by the end of 2024 of $120,000.
Source: https://twitter.com/BTC_Archive/status/1712771899934064695
-snip-

$120k is still a reasonable amount compared to predictions that reach $500k-$750k.
Extreme speculation like this will always appear ahead of a bull run and we should all be aware that this is an invitation to start buying bitcoin before the actual bull run comes

Don't take it serious if you know what's best for you, before Bitcoin hit 69k and turned back in 2021 many prediction are showing up on news online, from popular people in the financial sectors and also in crypto space, it's all a means to tie investors money down so that they can relax and dump on you all.
-snip-

This is the point, don't take everything too seriously.
Do your own research, and pay attention to the speculation that is being done.
If it doesn't make sense be sure to hold your bag tight.

[BitcoinPanther]

There is another prediction from Standard Chartered bank predicting a bitcoin price by the end of 2024 of $120,000.
Source: https://twitter.com/BTC_Archive/status/1712771899934064695

This definitely makes sense with their prediction compared to others above $500K, only we still don't know what it will be at that time? Now there has been a lot of speculation coming into the media about the bitcoin price after the halving. In the following year, so many may have predicted that the end of 2024 will be the highest peak again.

Looking at the Bitcoin price history and year cycle history, the prediction still does not make sense.  The suppose to be Bitcoin breaking of the ATH price should happen in 2025 not before it.  Although it is the nearest to reality in reference to the year when the prediction might happen, I think it is still way out of the market movement mark.  Unless several spot ETF applications are approved by SEC, I don't find any reason why the market will break ATH in the  year 2024.

[stomachgrowls]

There is another prediction from Standard Chartered bank predicting a bitcoin price by the end of 2024 of $120,000.
Source: https://twitter.com/BTC_Archive/status/1712771899934064695

This definitely makes sense with their prediction compared to others above $500K, only we still don't know what it will be at that time? Now there has been a lot of speculation coming into the media about the bitcoin price after the halving. In the following year, so many may have predicted that the end of 2024 will be the highest peak again.

Would really be taking up this prediction rather than into those people or groups who had been sharing up their speculations that reaching up a million per coin on which it is something that not realistic at all but they do keep on pushing up that kind of idea that Bitcoin would really be hitting up that area but obviously these people had already filled up their bags and just like been said above that they are now trying to hype things up just to drive the price going upwards.By being just that realistic then we do really know that the price doesnt really move that fast on the way as it should be if we are speaking about million dollar kind of value on 2026.
We didnt even surpass out $100k point on this point and knowing that 3 years time wont really be that long then having such increase wont really reflect out on the time on how it do moves on a particular time frame.

Lets just stick into those realistic numbers rather than on making ourselves that too hopeful on prices which it isnt really that even realistic for it to be reached or would really be that
so hard even just on our wildest dreams but well if full adoption would kick in then possible but we know that it cant really be that so fast or in short time.

[Dave1]

There is another prediction from Standard Chartered bank predicting a bitcoin price by the end of 2024 of $120,000.
Source: https://twitter.com/BTC_Archive/status/1712771899934064695

This definitely makes sense with their prediction compared to others above $500K, only we still don't know what it will be at that time? Now there has been a lot of speculation coming into the media about the bitcoin price after the halving. In the following year, so many may have predicted that the end of 2024 will be the highest peak again.

Looking at the Bitcoin price history and year cycle history, the prediction still does not make sense.  The suppose to be Bitcoin breaking of the ATH price should happen in 2025 not before it.  Although it is the nearest to reality in reference to the year when the prediction might happen, I think it is still way out of the market movement mark.  Unless several spot ETF applications are approved by SEC, I don't find any reason why the market will break ATH in the  year 2024.

Let's say everything is possible in crypto, we never thought in 2017 that we will reach almost $20k right? So we can put this speculation on the and see how it goes in 2026. Although we know that the most likely bull run will occur 2024-2025, and after that it will be bear market again.

Unless the cycle breaks, we have 2 bull run cycles and we never see any bear market.

But that's unlikely to happen as the everything starts in halving, happening every 4 years.

[Fundamentals Of]

These are bullish predictions of people who have a high stake in its growth, so I don't see anything special about it. They own Bitcoin. They are into a Bitcoin-related business. A bullish Bitcoin would benefit them first.

But just like them, I also believe that Bitcoin will one day reach hundreds of thousands of dollars. That will eventually come in the far or near future. It may or may not happen within our lifetime, but there's a high chance that it will happen. Bitcoin is the currency of the future.

[adaseb]

One thing you need to understand about his prediction is that he predicts that there will be some massive event and lead to more money printing. So $1 in 2026 is maybe worth $2-3 today. So if there is massive printing and bitcoin hits $250,000 or so it’s basically same price as the top in 2021 if you account for inflation.

He is predicting a big financial crash and hence why many assets like gold, stocks, real estate will spike because the dollar will be useless.

[Don Pedro Dinero]

One thing you need to understand about his prediction is that he predicts that there will be some massive event and lead to more money printing. So $1 in 2026 is maybe worth $2-3 today. So if there is massive printing and bitcoin hits $250,000 or so it’s basically same price as the top in 2021 if you account for inflation.

He is predicting a big financial crash and hence why many assets like gold, stocks, real estate will spike because the dollar will be useless.

Anyway, that prediction is both overblown and bullshit at the same time. The inflation that would have to occur in just over two years has never been seen in the dollar, it would be inflation like that of countries like Venezuela and if you are going to predict apocalyptic scenarios you better have good arguments to back them up because they are not usually predictable.

[$crypto$]

There is another prediction from Standard Chartered bank predicting a bitcoin price by the end of 2024 of $120,000.
Source: https://twitter.com/BTC_Archive/status/1712771899934064695

This definitely makes sense with their prediction compared to others above $500K, only we still don't know what it will be at that time? Now there has been a lot of speculation coming into the media about the bitcoin price after the halving. In the following year, so many may have predicted that the end of 2024 will be the highest peak again.

Looking at the Bitcoin price history and year cycle history, the prediction still does not make sense.  The suppose to be Bitcoin breaking of the ATH price should happen in 2025 not before it.  Although it is the nearest to reality in reference to the year when the prediction might happen, I think it is still way out of the market movement mark.  Unless several spot ETF applications are approved by SEC, I don't find any reason why the market will break ATH in the  year 2024.

Why doesn't it make sense? I think it's still relevant to that number and I said at the end of 2024 it's clearly closer to 2025 maybe it will happen in Q1 2025 - but it's getting closer to the increase.

Even though the Spot ETF was approved by the SEC this year, for example, the price of bitcoin will not increase, my opinion is that bitcoin always has its own cycle after the halving. As for the positive news from the SEC, because it agrees, some of us are happy to hear it, it's just that my adherence to the cycle is very strong, so In early 2024/2025, perhaps the highest price will be in history again.

[taufik123]

-snip-
Even though the Spot ETF was approved by the SEC this year, for example, the price of bitcoin will not increase, my opinion is that bitcoin always has its own cycle after the halving. As for the positive news from the SEC, because it agrees, some of us are happy to hear it, it's just that my adherence to the cycle is very strong, so In early 2024/2025, perhaps the highest price will be in history again.

The cycles will continue to change, see how this October is going.
It experienced a decline that no one expected even though October was dubbed as Uptober, but what happened?
The crypto market experienced a decline to the $26k price area.

Spot crypto ETFs will indeed be the focal point for hopes of a positive crypto market return.
Bitcoin still has a chance to rise until the end of October.

We all hope that this will be the start of a bull run cycle.
The transition from Bearish to Bullrun and will certainly be the point where Bitcoin starts looking for its bottom.

[ajiz138]

The cycles will continue to change, see how this October is going.
It experienced a decline that no one expected even though October was dubbed as Uptober, but what happened?
The crypto market experienced a decline to the $26k price area.

Spot crypto ETFs will indeed be the focal point for hopes of a positive crypto market return.
Bitcoin still has a chance to rise until the end of October.

We all hope that this will be the start of a bull run cycle.
The transition from Bearish to Bullrun and will certainly be the point where Bitcoin starts looking for its bottom.

There is no sign of a rise in October, during the middle of this month, I think many people dubbed "uptober" because looking at the previous year's cycle where prices have risen in this month, now it is still in the $ 26.5K area sometimes the end of the month likes to have a little spike we just wait for what happens later.

Yes, that's their point of hope after the spot ETF is approved, the opportunity to rise is still there I will not rule it out because the movement of bitcoin is always there suddenly to rise.

I feel the starting point of the bullrun should be in the $40K range, that is my view, but when starting from now it will be a little doubtful. More clearly what about the beginning of the year later in 2024.

[gunhell16]

With the impending bitcoin halving and bull run, various well known exchange in the cryptocurrency or Bitcoin business are starting to create hype. The price of bitcoin, which is currently a well-known exchange in the economic sector, was recently predicted by a well-known person to be $5 million. And now Up until 2026, it will remain at $750,000 up to 1M$ each.

Why don't we believe it if the foundation is so strong? Even though a large portion of the population may work in this field, there is no reason to assume that it will actually materialize because rumors and opinions will always stay rumors.

[taufik123]

There is no sign of a rise in October, during the middle of this month, I think many people dubbed "uptober" because looking at the previous year's cycle where prices have risen in this month, now it is still in the $ 26.5K area sometimes the end of the month like to have a little spike we just wait for what happens later.

It could be that October will be just a name.
Yes, but we'll see how the end of October goes, if it can break $28k and above that's good enough.
But there are high hopes for a more significant surge.

I feel the starting point of the bullrun should be in the $40K range, that is my view, but when starting from now it will be a little doubtful. More clearly what about the beginning of the year later in 2024.

Breaking the $30k price alone is an indication of the beginning of a bull run and being able to break above that price is good enough.
The end of the year if it closes at a higher price than it currently is would be a good indication.

But Bitcoin needs to get past some of the shocks that will occur because there is some FUD that will inevitably arise.

[Tony116]

There is no sign of a rise in October, during the middle of this month, I think many people dubbed "uptober" because looking at the previous year's cycle where prices have risen in this month, now it is still in the $ 26.5K area sometimes the end of the month like to have a little spike we just wait for what happens later.

It could be that October will be just a name.
Yes, but we'll see how the end of October goes, if it can break $28k and above that's good enough.
But there are high hopes for a more significant surge.

October isn't over yet, so don't jump to any conclusions too hastily. One more thing, history often shows that October is a good month for bitcoin, but there is no guarantee that October will always be a good month for bitcoin. Bitcoin is unpredictable, don't get your hopes up, and when it doesn't turn out as you expected, you start blaming history or people. Investing in bitcoin requires analysis and should be based on the current situation, not solely on historical patterns.

I feel the starting point of the bullrun should be in the $40K range, that is my view, but when starting from now it will be a little doubtful. More clearly what about the beginning of the year later in 2024.

Breaking the $30k price alone is an indication of the beginning of a bull run and being able to break above that price is good enough.
The end of the year if it closes at a higher price than it currently is would be a good indication.

But Bitcoin needs to get past some of the shocks that will occur because there is some FUD that will inevitably arise.

Bitcoin price has crossed $30k a few times this year but has not been able to stay above that level for too long, so it cannot be said that passing $30k or $40k is a sign of the season the bull is coming.