Arthur Hayes does not participate in ambiguous times. Speaking at the Cointelegraph booth at Bitcoin Vegas, and BitMEX co-founded to put a real window Bitcoin return six figures: after the summer of the northern part of the world.
“I think we’re going to hit $100,000 this summer in the northern part of the world,” Hayes said, “mainly because the dollar economy is improving.”
His thinking is macro and not technical. Wartime financing through commercial banks in the US and other financial nations is injecting money into the system in ways that are beginning to show in the economic collapse. Bitcoin, he argued, is starting earlier than NASDAQ and US technology stocks because of these strengths, and he hopes that the outperformance will continue until autumn.
When asked if a regular season high is possible this year, Hayes was measured but firm. “I think we can pass $125,000 by the end of the year.”
Iran Variable
Hayes acknowledged that the Iran conflict is the biggest risk at the moment but said markets are already looking ahead. He pointed to the spread of oil prices as evidence that supply is flowing through the Strait of Hormuz enough to avoid disruptions, even as politicians publicly indicate that the situation is far from over.
“If you think the Iran war is not going to be very disruptive, then the markets are looking more than that,” he said. “There’s enough stuff coming down the road, even if the politicians say it’s close.”
Where He Puts His Money
Hayes recently bought a million dollars in Hyperliquid, explaining that it is the only altcoin that matters right now. The idea is simple: real customers spend real money on a platform that generates real money and returns the value to token holders through purchases or rewards. Everything else, including Dogecoin as a symbol of the altcoin era, he completely removed.
He said: “If you don’t do any of those things, I don’t care.”
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