Bitcoin Price Prediction: $145,000 Forecast by BitMEX Co-Founder

Arthur Hayes, co-founder of BitMEX, has made a bold prediction about the future price of Bitcoin. According to Hayes, the cryptocurrency is expected to reach $145,000 by the end of 2026.

Hayes attributes this prediction to two key factors: the Federal Reserve's expansion of its balance sheet and wartime spending. He notes that despite concerns over inflation, the Fed's balance sheet is expanding at a rate of approximately $40 billion per month through reserve management purchases.

Hayes also believes that the Iran war will lead to increased money printing as governments seek to fund their military efforts. This, he argues, will have a positive impact on cryptocurrency prices as more money is printed and circulated in the economy.

In an interview, Hayes discussed his views on the current state of the economy and its impact on cryptocurrency markets. He emphasized that the government's control over commercial banks will lead to increased lending to armament manufacturers and other industries deemed essential by politicians.