Could Bitcoin Hit $1 Million by 2026? Arthur Hayes Makes Exciting Forecast

[macson]

Hayes believes bitcoin will be worth at least $750,000. Public people keep playing the game of who will have the higher prediction. Games like this have been around for quite some time. I remember back in 2017, they were predicting an imminent price of $500,000 and even $1 million. These claims are just a PR attempt, it's just another news buzz that shouldn't be taken seriously.

But the masses and his followers take it nonetheless, and what he's planning is definitely going to happen because he's still able to generate the hype. But to be fair to him though, he's the kind of person that helps people not lose hope when the prices of bitcoin isn't doing fine and some people just want something even a lie to hold onto.

Are the people who give predictions are a liar?  here you fail to understand it.  let's go back to Bitcoin 10 years ago when the price was still under $5k, at that time many people were skeptical about Bitcoin being able to pass $5k, after bitcoin managed to pass $5k, they were also skeptical about the price of bitcoin passing $10k and so so on, now there are many who predict the price of bitcoin will exceed $100k but many people are skeptical about that, remember, that the price of bitcoin is influenced by market sentiment, it is very likely that in the next few years, people will increasingly scramble to invest in bitcoin and that's what will push the price of Bitcoin even higher.

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[slaman29]

What the hell is this? Bitcoin will have a capitalization of more than 20 trillion dollars?

Simple facts like this which makes you wonder what the guys like Arthur Hayes are smoking right? lol

It's not that I don't believe Bitcoin can go to 1 million dollars. It's that market cap of 20 trillion is too high when gold is 13 trillion.

I love Bitcoin but can we seriously see it as bigger cap than gold in only 3 years? Of course not. Unless gold becomes 130 trillion of course!!

[thecodebear]

$1 million will probably happen around 2040 or within a few years after that. Price will be probably between $80k and $120k for most of the rest of this decade.

Next bull run high may be a bit higher than $120k, but then it'll crash. Next bear market low will likely be below $80k, but only for a handful of months and then it'll recover and probably spend a long time between $80k and $120k before the next bull run begins. So like late 2024 through 2028 will likely mostly be $80k-$120k.

And only way $1 million happens significantly before 2040 is if all of a sudden most people get educated on Bitcoin and major nations start adopting it or suggesting to people that its good and a fine thing to normalize into their lives. But no expectation of that happening, instead it'll be the same it's always been, the gradual grinding adoption of people slowly getting educated as most people continue to fight against Bitcoin due to lack of education on it and they will keep calling it scam/fraud/pyramid/etc.

Basically rest of 2020s high 5 digits and low $100k's is going to become the norm. 2030s mid 6 digits will become the norm over the course of the decade. And somewhere between 2040 and 2045 we should see the price pass $1 million for the first time, though if big bull markets are happening it might only pass it briefly and then take a couple years to get back to it after crashing.

[carlfebz2]

$1 million will probably happen around 2040 or within a few years after that. Price will be probably between $80k and $120k for most of the rest of this decade.

Next bull run high may be a bit higher than $120k, but then it'll crash. Next bear market low will likely be below $80k, but only for a handful of months and then it'll recover and probably spend a long time between $80k and $120k before the next bull run begins. So like late 2024 through 2028 will likely mostly be $80k-$120k.

And only way $1 million happens significantly before 2040 is if all of a sudden most people get educated on Bitcoin and major nations start adopting it or suggesting to people that its good and a fine thing to normalize into their lives. But no expectation of that happening, instead it'll be the same it's always been, the gradual grinding adoption of people slowly getting educated as most people continue to fight against Bitcoin due to lack of education on it and they will keep calling it scam/fraud/pyramid/etc.

Basically rest of 2020s high 5 digits and low $100k's is going to become the norm. 2030s mid 6 digits will become the norm over the course of the decade. And somewhere between 2040 and 2045 we should see the price pass $1 million for the first time, though if big bull markets are happening it might only pass it briefly and then take a couple years to get back to it after crashing.

Everything would really be according into the demand and this is the main key on which it would really be the main indication or reason on hitting up those numbers that we havent that done or able to hit before.
We've seen that we do still have tons of people who doesnt know about Bitcoin or crypto or simply there's still so much room to improve in speaking about adoption and recognition.
Im not saying that $1M isnt achievable but just like been said that it isnt realistic even if we do speak about 2040 on which there's no way that we could be able to be that high.

Im not really that skeptical when it comes to its potential but cant really be denied that it is really just that too far off. We cant really be able to tell
on whats the peak price but as long demand is there, then expect that numbers would really be that be always surprising. 

[YOSHIE]

Hayes thinks Bitcoin could become really valuable, like between $750,000 and $1 million by 2026.-Bold Crypto analysis

In general, everyone here has probably read and seen Bitcoin speculation & predictions from time to time, especially in 2023, there are hundreds of Bitcoin speculations & predictions posted on the internet, one of which is about Bitcoin (BTC) Price Prediction 2023-2040, that shows there is a series of predictions being discussed there.

The point is, anything can happen, as long as people around the world are safe in all aspects, the economy has a big influence on a peaceful society, Bitcoin is a digital currency that is traded online, from my understanding Bitcoin can reach the highest levels as long as people are not haunted by prolonged fear.

[flyingcarpet]

Hayes thinks Bitcoin could become really valuable, like between $750,000 and $1 million by 2026.-Bold Crypto analysis

In general, everyone here has probably read and seen Bitcoin speculation & predictions from time to time, especially in 2023, there are hundreds of Bitcoin speculations & predictions posted on the internet, one of which is about Bitcoin (BTC) Price Prediction 2023-2040, that shows there is a series of predictions being discussed there.

The point is, anything can happen, as long as people around the world are safe in all aspects, the economy has a big influence on a peaceful society, Bitcoin is a digital currency that is traded online, from my understanding Bitcoin can reach the highest levels as long as people are not haunted by prolonged fear.

One of the obstacles to Bitcoin reaching the rumored prices is the "fear" factor. If Bitcoin is to reach these prices, big players, that is, big investors or states, need to invest and encourage them to invest. The condition for such an environment to really exist is that there must be an environment of trust in the market.

People invest in what they fear, but they invest without exceeding a certain amount. When the fear factor disappears and an environment of trust is established, then there will be no limit to investment and Bitcoin will reach the mentioned prices.

[Abiky]

Simple facts like this which makes you wonder what the guys like Arthur Hayes are smoking right? lol

It's not that I don't believe Bitcoin can go to 1 million dollars. It's that market cap of 20 trillion is too high when gold is 13 trillion.

I love Bitcoin but can we seriously see it as bigger cap than gold in only 3 years? Of course not. Unless gold becomes 130 trillion of course!!

Not in 3 years, but maybe a decade from now. I strongly believe Bitcoin will replace Gold in the future because of the many benefits it provides. It's decentralized, portable, has a fixed supply of 21m units, and it's deflationary by design. Gold can be confiscated, it's not portable (you can't carry a large amount of Gold bars and/or coins when traveling), and the exact supply of Gold on Earth is yet to be discovered. The subsequent block reward halvings, alongside increased demand from institutional investors, should help BTC rise to $1m sooner or later.

It's not a matter of "IF" it will happen, but rather "WHEN". I've stated this a couple of times already. Just keep buying and forget about the rest. Who knows if you'll hit the "jackpot" someday?

[karabiber]

What the hell is this? Bitcoin will have a capitalization of more than 20 trillion dollars?

Normally, stocks have a certain expectation of value, an appreciation in value. There is a value creation that forms the basis. In cryptocurrencies, this is more speculative. Monetary systems act according to certain predictions and beliefs. For this reason, if there is a side that believes in possible predictions, there is also a side that does not believe. In other words, there are two sides that are optimistic and pessimistic about the market.

If Bitcoin reaches a value of 1 Million Dollars, it means that the market value will be 21 Trillion Dollars, considering the total supply of Bitcoin. In other words, if Bitcoin reaches 1 Million Dollars, the market capitalization of Bitcoin will double the current market capitalization of against Gold (12 Trillion Dollars), which has been an investment tool for ages. I don't know if this can happen, but anything is possible in the speculative cryptocurrency market. But can we see this in our lifetime? I can answer that with certainty. It is very difficult to see it.

[poodle63]

What the hell is this? Bitcoin will have a capitalization of more than 20 trillion dollars?

Simple facts like this which makes you wonder what the guys like Arthur Hayes are smoking right? lol

It's not that I don't believe Bitcoin can go to 1 million dollars. It's that market cap of 20 trillion is too high when gold is 13 trillion.

I love Bitcoin but can we seriously see it as bigger cap than gold in only 3 years? Of course not. Unless gold becomes 130 trillion of course!!

even hitting half of that is already such a feat, i think 1 million dollars possible when total supply reduced significantly, maybe if there's burning mechanism but honestly it'd be ideal to have bitcoin around $200k and have current total supply then it'd be golden for bitcoin since $1 million, a bit of a stretch if i think, even i think reaching back all time high would already need quite of the effort but honestly, people in the past never expecting bitcoin to be hititng $10k let alone $100k, it'd also be great for altcoin if the altcoin doesn't entirely gets dominated by bitcoin in term of market capitalization and got its market cap reduced a significant amount.
but we'll see maybe his statement could be realized in the future who knows?

[slaman29]

Simple facts like this which makes you wonder what the guys like Arthur Hayes are smoking right? lol

It's not that I don't believe Bitcoin can go to 1 million dollars. It's that market cap of 20 trillion is too high when gold is 13 trillion.

I love Bitcoin but can we seriously see it as bigger cap than gold in only 3 years? Of course not. Unless gold becomes 130 trillion of course!!

Not in 3 years, but maybe a decade from now. I strongly believe Bitcoin will replace Gold in the future because of the many benefits it provides. It's decentralized, portable, has a fixed supply of 21m units, and it's deflationary by design. Gold can be confiscated, it's not portable (you can't carry a large amount of Gold bars and/or coins when traveling), and the exact supply of Gold on Earth is yet to be discovered. The subsequent block reward halvings, alongside increased demand from institutional investors, should help BTC rise to $1m sooner or later.

It's not a matter of "IF" it will happen, but rather "WHEN". I've stated this a couple of times already. Just keep buying and forget about the rest. Who knows if you'll hit the "jackpot" someday?

I'm still not sure about 10 years but yes, it's way more likely then now, because right now gold is in low supply, every year I read that banks are looking for more gold. If I'm not mistaken even in Europe some banks forced gold investors to sell to them, and here in Asia you can buy digital certs with contract expiry but hardly any permanent physical buys.

I know benefits of bitcoin vs gold but I'm talking about pure supply + scarcity. And maths. I love the idea of Bitcoin = 1 million but 20 trillion market cap, just imagine what that means first.

[pinggoki]

As much as we are an optimist I think that we still need to be grounded in reality so, bitcoin hasn't even crossed the 100k mark yet so it's unlikely that a million is a possibility during that time period, from what I can take from this is that we should continue buying and accumulating bitcoin because with that kind of forecast, who knows who's forecast is going to right and on the off chance that this becomes a reality, you don't want to be missing out on the potential profits that you could've taken so just take it with a grain of salt.

[stomachgrowls]

Simple facts like this which makes you wonder what the guys like Arthur Hayes are smoking right? lol

It's not that I don't believe Bitcoin can go to 1 million dollars. It's that market cap of 20 trillion is too high when gold is 13 trillion.

I love Bitcoin but can we seriously see it as bigger cap than gold in only 3 years? Of course not. Unless gold becomes 130 trillion of course!!

Not in 3 years, but maybe a decade from now. I strongly believe Bitcoin will replace Gold in the future because of the many benefits it provides. It's decentralized, portable, has a fixed supply of 21m units, and it's deflationary by design. Gold can be confiscated, it's not portable (you can't carry a large amount of Gold bars and/or coins when traveling), and the exact supply of Gold on Earth is yet to be discovered. The subsequent block reward halvings, alongside increased demand from institutional investors, should help BTC rise to $1m sooner or later.

It's not a matter of "IF" it will happen, but rather "WHEN". I've stated this a couple of times already. Just keep buying and forget about the rest. Who knows if you'll hit the "jackpot" someday?

I'm still not sure about 10 years but yes, it's way more likely then now, because right now gold is in low supply, every year I read that banks are looking for more gold. If I'm not mistaken even in Europe some banks forced gold investors to sell to them, and here in Asia you can buy digital certs with contract expiry but hardly any permanent physical buys.

I know benefits of bitcoin vs gold but I'm talking about pure supply + scarcity. And maths. I love the idea of Bitcoin = 1 million but 20 trillion market cap, just imagine what that means first.

Another 10 years or a decade would really be that short if we do speak about $1M per coin price, imagine on how far we do only be able to reach out on decade+ as of this moment. We arent that blind on not to see this rollater coaster ride like kind of market on which there's no way that we can really be able to tell that this was predictable in the first place. All of us, whether you are known or average joe into this market would really be always ends up on being speculator. There's no way on knowing the  future and there's no way that there's someone would really be able to know on where it would be going. Every number had been given or speculated
wont really be that bad, some are really just sharing up with their honest insights and there are ones who do have that kind of manipulative intent behind of those words.

$1M or not, it would really be that not shocking that majority of people on this market space wont really be that easily be beleiving on such number. We would really be almost needing that full scale
adoption and government recognition or integration for us to see this kind of probability but we do know that not every corners of the world would really be that definitely be having that positive sentiment
towards Bitcoin on which we know that these are the factors which do really slows down but doesnt mean that it could be stopped. Adoption is on the move but dont make yourself
that in a hurry.

[YUriy1991]

Hayes thinks Bitcoin could become really valuable, like between $750,000 and $1 million by 2026.-Bold Crypto analysis

Anything can be said but make sure you watch the prices closely and cut your losses if the prices start to rise too quickly.

[South Park]

As much as we are an optimist I think that we still need to be grounded in reality so, bitcoin hasn't even crossed the 100k mark yet so it's unlikely that a million is a possibility during that time period, from what I can take from this is that we should continue buying and accumulating bitcoin because with that kind of forecast, who knows who's forecast is going to right and on the off chance that this becomes a reality, you don't want to be missing out on the potential profits that you could've taken so just take it with a grain of salt.

It is also important to set goals for ourselves and avoid being consumed by greed, obviously when I see predictions of bitcoin reaching a price of one million my mouth salivates as that will mean I will obtain huge profits thanks to it, but when it will happen and will I still be holding my coins? That is what I do not know, so I would think it is a better idea to set more down to earth goals, since I am sure even a price of 100k will greatly help those which have held their coins for a few years already and change their lives for the better.

[Minecache]

As much as we are an optimist I think that we still need to be grounded in reality so, bitcoin hasn't even crossed the 100k mark yet so it's unlikely that a million is a possibility during that time period, from what I can take from this is that we should continue buying and accumulating bitcoin because with that kind of forecast, who knows who's forecast is going to right and on the off chance that this becomes a reality, you don't want to be missing out on the potential profits that you could've taken so just take it with a grain of salt.

It is also important to set goals for ourselves and avoid being consumed by greed, obviously when I see predictions of bitcoin reaching a price of one million my mouth salivates as that will mean I will obtain huge profits thanks to it, but when it will happen and will I still be holding my coins? That is what I do not know, so I would think it is a better idea to set more down to earth goals, since I am sure even a price of 100k will greatly help those which have held their coins for a few years already and change their lives for the better.

One thing I see is that predictions of $100k or $120k are rarely discussed and instead, predictions of bitcoin reaching $1m or $10m are always discussed. Meanwhile, the goal that most of us aim for is 100k$. That shows how high people's expectations and greed are. But honestly, I have never thought about those goals, I like to live realistically and I agree with some of those opinions: we haven't even reached $100k yet, how can we reach $1 million? I think the people who made that prediction are obsessed with bitcoin or they have their own purpose in deliberately creating that attention.

[slaman29]

Another 10 years or a decade would really be that short if we do speak about $1M per coin price, imagine on how far we do only be able to reach out on decade+ as of this moment.

Another decade almost doubles the lifespan of Bitcoin. I agree to reach $100k is huge from zero but again that is for something new and with modern spread of information with internet it's easy to achieve multiply times growth.

But see from 2017 to 2021, only 3x ATH price, for 70k ATH to 1 million is 14x. I find it very hard to believe this is rational, not simply from price growth but as I pointed out much earlier, market cap.

As much as we want to use patterns, market cap is a reality we can't really ignore.

[Jating]

As much as we are an optimist I think that we still need to be grounded in reality so, bitcoin hasn't even crossed the 100k mark yet so it's unlikely that a million is a possibility during that time period, from what I can take from this is that we should continue buying and accumulating bitcoin because with that kind of forecast, who knows who's forecast is going to right and on the off chance that this becomes a reality, you don't want to be missing out on the potential profits that you could've taken so just take it with a grain of salt.

It is also important to set goals for ourselves and avoid being consumed by greed, obviously when I see predictions of bitcoin reaching a price of one million my mouth salivates as that will mean I will obtain huge profits thanks to it, but when it will happen and will I still be holding my coins? That is what I do not know, so I would think it is a better idea to set more down to earth goals, since I am sure even a price of 100k will greatly help those which have held their coins for a few years already and change their lives for the better.

One thing I see is that predictions of $100k or $120k are rarely discussed and instead, predictions of bitcoin reaching $1m or $10m are always discussed. Meanwhile, the goal that most of us aim for is 100k$. That shows how high people's expectations and greed are. But honestly, I have never thought about those goals, I like to live realistically and I agree with some of those opinions: we haven't even reached $100k yet, how can we reach $1 million? I think the people who made that prediction are obsessed with bitcoin or they have their own purpose in deliberately creating that attention.

Perhaps the $100k-$120k is rarely discussed because we are already close to achieving it, remember that the last time we had our all time high, it's around $69k, so it's less that twice that price. And now that we will see the catalyst of another bull run which is the halving next year, everyone is seeing around that price already. So we or at least Hayes is looking beyond that, and predicting what could happen in the next decade or so after the next bull run. And that is why the prediction is very absurd for now, and just by looking at the math and how the growth is, it's impossible to hit that number by 2026. At least we should give more time to bitcoin, maybe 12 years or more after the next bull run, or 3-4 block halvings and we will see if this can be achieved or not.

[Minecache]

As much as we are an optimist I think that we still need to be grounded in reality so, bitcoin hasn't even crossed the 100k mark yet so it's unlikely that a million is a possibility during that time period, from what I can take from this is that we should continue buying and accumulating bitcoin because with that kind of forecast, who knows who's forecast is going to right and on the off chance that this becomes a reality, you don't want to be missing out on the potential profits that you could've taken so just take it with a grain of salt.

It is also important to set goals for ourselves and avoid being consumed by greed, obviously when I see predictions of bitcoin reaching a price of one million my mouth salivates as that will mean I will obtain huge profits thanks to it, but when it will happen and will I still be holding my coins? That is what I do not know, so I would think it is a better idea to set more down to earth goals, since I am sure even a price of 100k will greatly help those which have held their coins for a few years already and change their lives for the better.

One thing I see is that predictions of $100k or $120k are rarely discussed and instead, predictions of bitcoin reaching $1m or $10m are always discussed. Meanwhile, the goal that most of us aim for is 100k$. That shows how high people's expectations and greed are. But honestly, I have never thought about those goals, I like to live realistically and I agree with some of those opinions: we haven't even reached $100k yet, how can we reach $1 million? I think the people who made that prediction are obsessed with bitcoin or they have their own purpose in deliberately creating that attention.

Perhaps the $100k-$120k is rarely discussed because we are already close to achieving it, remember that the last time we had our all time high, it's around $69k, so it's less that twice that price. And now that we will see the catalyst of another bull run which is the halving next year, everyone is seeing around that price already. So we or at least Hayes is looking beyond that, and predicting what could happen in the next decade or so after the next bull run. And that is why the prediction is very absurd for now, and just by looking at the math and how the growth is, it's impossible to hit that number by 2026. At least we should give more time to bitcoin, maybe 12 years or more after the next bull run, or 3-4 block halvings and we will see if this can be achieved or not.

We were close to $100K but we never reached that price, if I remember correctly the 2017 bull season also had some expectations of that price and in the 2021 bull season, those expectations were repeated again. But after 2 bull cycles, we still haven't been able to reach $100k, so I think we need to conquer $100k before thinking about further goals. People are setting unrealistic expectations and making predictions that we don't even know will happen or not. I think we should live realistically rather than set too high expectations and then live in illusion with it.

[Franctoshi]

Despite the fact that I'm very optimistic about the price of Bitcoin doing great in the future, I kind of doubt if we will see Bitcoin reach such a price of 1 million dollars come 2026. We are expecting the price to top out in 2025 and create a new ATH based on its past historical data or performances after each Bitcoin halving year, therefore this prediction contradicts the  4 years Bitcoin halving cycle that is usually followed by a bull cycle and a bear cycle, so we are supposed to hit the bear market by the year 2026 and I wonder how that price between $750,000 and $1 million by 2026 would be met at the period.

[Abiky]

I'm still not sure about 10 years but yes, it's way more likely then now, because right now gold is in low supply, every year I read that banks are looking for more gold. If I'm not mistaken even in Europe some banks forced gold investors to sell to them, and here in Asia you can buy digital certs with contract expiry but hardly any permanent physical buys.

I know benefits of bitcoin vs gold but I'm talking about pure supply + scarcity. And maths. I love the idea of Bitcoin = 1 million but 20 trillion market cap, just imagine what that means first.

.

A $20T market cap is a lot to say the least. BTC is far from reaching that position anytime soon. But it will get there, as mainstream adoption continues to grow at a non-stop rate. With institutional investors getting in the game, it should only be a matter of time before Bitcoin goes all the way to $1m. Subsequent halving events should get us there faster than we've previously imagined.

I'd buy BTC while it's still "cheap". We may never see BTC being worth less than $30k ever again. FUDsters will always try to discourage people from buying Bitcoin. But the cryptocurrency will emerge bigger and stronger than ever. With how successful it has been since day one, governments who once rejected the revolution would have no choice but to join it. Who knows if BTC will co-exist with CBDCs in the future? Just my thoughts