Arthur Hayes predicts Bitcoin’s price will surge over 65%, more than doubling soon. He bases his view on upcoming ETF approvals and increased institutional adoption, adding that network inflation supports algorithmic scarcity. This marks the ongoing build-up phase of Cycle 4, not its peak.
These positive regulatory signs and growing mainstream use are major drivers for the anticipated price increase.
He sees this development as a long-term process towards higher prices in Bitcoin's current cycle