Arthur Hayes: Bitcoin is expected to rise to $1 million by 2028, but there may be tactical shorting opportunities in the short term

Odaily Planet Daily News Arthur Hayes said in a newly published article that he has re-added cryptocurrencies at market lows and believes that now is a good time to pick high-quality altcoins that can outperform Bitcoin in a bull market. He is particularly optimistic about two projects: $PENDLE and $ETHFI. The return of foreign capital and the massive depreciation of U.S. debt will be the two major catalysts that drive Bitcoin to $1 million by 2028. He mentioned that the 2028 U.S. presidential election may bring policy uncertainty, but now is a critical period for Bitcoin to benefit. Although he believes that Bitcoin will rise to $1 million, there are still opportunities for short-term tactical shorting. He pointed out that capital controls and currency printing are coming, but the road ahead is full of uncertainty. The Trump team is not consistent on capital controls, so there may be different policy directions.