Arthur Hayes, the outspoken co-founder of BitMEX and a prominent figure in the crypto space, has once again stirred the pot with an ambitious Bitcoin forecast. Speaking at Token2049 in Dubai, Hayes shared a bold roadmap that projects Bitcoin climbing to $250,000 by the end of 2025 and eventually hitting the elusive $1 million mark before the conclusion of Donald Trump’s expected presidential term in 2028.
At a time when Bitcoin hovers around the $102,000 level amid market volatility, Hayes’ bullish prediction seems to counter the growing skepticism fueled by short-term corrections. Yet, his long-term optimism is rooted in strong macro trends, institutional interest, and geopolitical shifts — and he’s not alone in thinking big.
A Closer Look at the $250K Target
In the interview, Hayes didn’t just throw numbers around; he provided a thoughtful breakdown of what might drive Bitcoin to a quarter million dollars before 2025 closes. He believes the ongoing momentum in Bitcoin dominance, paired with increasing capital inflows into the asset, could push BTC toward the $200,000 range during this bull cycle.
From his perspective, the $250,000 mark isn’t a speculative moonshot but a logical extension of Bitcoin’s performance trajectory if the right market conditions align. Hayes stated, “I think Bitcoin in this next little run could go close to $200,000. And by the end of the year, the Bitcoin price target is about $250,000.”
This timeline gives investors a concrete frame of reference — and potentially a lot to look forward to as we head deeper into 2025.
$1 Million by 2028: Not Just a Fantasy?
Hayes reaffirmed a previous projection of Bitcoin reaching $1 million, but this time, he anchored it to a political milestone — the end of Donald Trump’s next presidency, assuming he wins and completes a full term. According to Hayes, the macroeconomic and fiscal environment under another Trump administration could be favorable for crypto, despite the lack of recent progress in policy.
“I expect the Trump administration to take a more pro-crypto stance. Nothing major has happened yet, but the potential is there,” Hayes noted. If these political winds blow in crypto’s favor, it could help accelerate Bitcoin’s adoption and price appreciation.
Bitcoin’s Breakout Could Trigger Altcoin Season
Beyond Bitcoin, Hayes also weighed in on the altcoin market. He expects a surge in altcoins to follow BTC’s breakout — particularly once BTC reaches $110K and gains further traction into the $150K–$200K zone. However, he emphasized that this won’t be a repeat of the 2021 frenzy. Only fundamentally strong projects are likely to benefit this time around.
“This altcoin season will be selective,” Hayes said, implying that blue-chip crypto assets like Ethereum could shine while lesser-known tokens may struggle to keep pace.
Gold, the Silent Contender
Interestingly, Hayes also revealed that he continues to hold gold as part of his diversified portfolio. In fact, he allocates around 20% of his assets to the yellow metal, anticipating it could surge between $10,000 and $20,000 per ounce. This is based on rising demand from central banks amid mounting economic uncertainty.
“I think gold could be $10,000–$20,000 by the time we finish with this rally,” he projected.
Final Thoughts
Arthur Hayes’ forecasts are anything but timid. His dual targets — $250,000 by the end of 2025 and $1 million by the end of 2028 — reflect a growing narrative among crypto veterans that Bitcoin is poised for another historic leap. While the crypto market remains unpredictable in the short term, Hayes’ strategic timeline offers investors both caution and inspiration.
As always, market participants are reminded to stay informed, manage risk, and never invest more than they can afford to lose. But for those betting on Bitcoin’s long-term potential, Arthur Hayes’ bold predictions may serve as both a roadmap and a rallying cry.
