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BitMEX Founder Arthur Hayes says, “I believe we can get to $1 million Bitcoin end of the cycle – $1 million… because the amount of money that’s going to be printed is going to be absolutely insane as every government around the world does the same thing, which is print money to make my people feel happy because the global growth is slowing."
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The possibility of Bitcoin reaching the coveted $1 million milestone hinges primarily on one crucial factor - the establishment of a U.S. government strategic Bitcoin reserve. This assessment comes from Jeff Park, Head of Alpha Strategies at Bitwise.
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Prominent Bitcoin maximalist and former financial journalist Max Keiser has voiced a new ultra-bullish Bitcoin price prediction based on newly emerged data. Now, he believes BTC is likely to soar as high as $2,200,000 per coin in the long term.
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Matt Hougan, Chief Investment Officer at Bitwise Asset Management forecast hinges on the potential establishment of a US Strategic Bitcoin Reserve (SBR). Addressing this, Hougan remarked, “If we do get a Bitcoin strategic reserve where the government is buying Bitcoin, as proposed in Senator Lummis’ bill for the government to purchase a million Bitcoin, $200,000 Bitcoin is going to be looking quaint. You’re going to be looking at three four $500,000 Bitcoin. It’s just too big a story because governments all around the world would have to do it.”
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Donald Trump and his family including Eric Trump, Trump Jr. and Michael Saylor who has been close friends with the Trump family for the past 20 years all confirm Donald Trump will in fact establish a US Strategic Bitcoin Reserve sending the Bitcoin price parabolic to $1,000,000 per coin.
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MicroStrategy co-founder Michael Saylor says the US should offload all its gold and accumulate Bitcoin (BTC) as part of a new strategy to cement the country’s global financial dominance which Max Keiser says will send the Bitcoin price to $2,200,000 per coin.
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