As Bitcoin grapples with renewed selling pressure after a recent rally, one of the most respected voices in the crypto space is sticking firmly to his bold prediction: Arthur Hayes, co-founder of BitMEX and prominent market analyst, believes Bitcoin is still on track to reach $250,000 by the end of 2025. And he’s not stopping there—Hayes continues to double down on his long-term forecast of $1 million per BTC by the end of Donald Trump’s next presidential term.
Amid a market that continues to swing between euphoria and fear, Hayes’ convictions offer a grounded yet ambitious narrative for Bitcoin’s future. But what’s driving his confidence in such a massive price appreciation? According to him, it’s all about timing, macroeconomic trends, and Bitcoin dominance.
Bitcoin’s March to $250K: The Timeline Unveiled
Speaking at the Token2049 conference in Dubai, Hayes laid out his latest projections in a private interview, painting a picture of how and when Bitcoin might climb toward a quarter of a million dollars. He highlighted that if Bitcoin’s dominance in the crypto market continues to rise, it could easily push the asset toward $200,000 in the coming bull cycle—potentially even higher.
“I think Bitcoin in this next little run could go close to $200,000,” Hayes said. “And by the end of the year [2025], the Bitcoin price target is about $250,000.”
This forecast is not just a standalone theory—it ties directly into Hayes’ broader thesis that Bitcoin could hit $1 million by the end of Trump’s next term in office, should he win the presidency. He’s been consistent with this prediction, arguing that a mix of monetary debasement, sovereign debt crises, and investor migration toward hard assets like Bitcoin and gold will drive prices significantly higher.
At present, Bitcoin is trading around $102,200, experiencing a sharp pullback amid a broader market correction. Yet, Hayes remains undeterred, viewing such dips as part of a natural cycle rather than a derailment of the long-term bullish trend.
What This Means for Altcoins, Gold, and Global Markets
While Bitcoin’s potential ascent is certainly attention-grabbing, Hayes also shed light on what might follow: an altcoin rally. According to him, the “altseason” could kick off once Bitcoin cracks the $110,000 mark, with real momentum coming in as the leading cryptocurrency enters the $150,000–$200,000 range.
However, Hayes doesn’t expect a repeat of the 2021 altcoin frenzy. He believes the next altseason will favor high-quality projects with strong fundamentals, rather than a broad-based rally across all tokens. In his view, only the most robust altcoins will shine this time around.
The conversation also touched on the age-old Bitcoin vs. gold debate. Interestingly, Hayes isn’t betting on crypto alone. He disclosed that about 20% of his investment portfolio is allocated to gold, citing the rising interest from central banks in accumulating the precious metal. His prediction? Gold could surge to anywhere between $10,000 and $20,000 during the current macroeconomic cycle.
“I think gold could be $10,000 to $20,000 by the time we finish with this rally,” he said.
Trump, Crypto, and Policy Expectations
Looking further ahead, Hayes also discussed his expectations for the Trump presidency—should the former president reclaim the White House in 2024. Hayes is hopeful that Trump will take a more favorable stance toward crypto, although he admits there haven’t been significant policy developments yet.
Still, Hayes urges patience from investors, suggesting that the regulatory environment will shift positively over time, particularly under leadership more sympathetic to financial innovation.
Final Thoughts
Arthur Hayes has never shied away from bold predictions, and his vision for Bitcoin hitting $250,000 by the end of 2025 adds fuel to the optimism brewing in certain corners of the crypto world. While some view these targets as far-fetched, Hayes supports his outlook with historical patterns, market dynamics, and geopolitical shifts that many investors are watching closely.
Whether or not BTC reaches these heights remains to be seen—but one thing is clear: Arthur Hayes is placing his bets not just on Bitcoin’s price, but on its global significance in the years ahead.
