Could Bitcoin Hit $1 Million by 2026? Arthur Hayes Makes Exciting Forecast

[Cryptocrit]

Bitcoin's Price Soars to $1 Million by 2026 According to Arthur Hayes! How much logical this sort of bold prediction & what are the reasons behind Hayes' Optimistic Forecast.

https://www.cryptocrit.xyz/2023/10/crypto-analysis-could-bitcoin-hit-1.html

[Alcor]

I very much doubt that in two years Bitcoin will rise in price from the current 40 thousand dollars to one million dollars. I don’t think that such a price for Bitcoin will ever be possible. We know that the price of Bitcoin is very volatile. If it grows, say, to several hundred thousand dollars, I wonder who will continue to invest that kind of money in its purchase, knowing that after some time its price may fall very quickly. One hundred thousand is still a realistic price for him. A million is too much. And states are unlikely to be outside observers of how currency flows into cryptocurrency and will do nothing to prevent this process.

[shuvenker999]

It’s amazing how people can easily predict an astronomical price in a short period of time despite the current price is far higher than the predicted price. 100K price target is more feasible but anything above 7 digit prediction is insane because we didn’t even touch the 6 digit area for 13 years of existence of Bitcoin while he is predicting it for just a mere 3 years from now.

[Bliznec]

First, before the ETF is accepted, Bitcoin will overcome the price of 60k, then after acceptance the price will gradually increase. Reaching $1 million by 2026 is a moot point. Most likely not, there won’t be such a price. I expect, at most, after Halving, to see Bitcoin for $300k within three to four months.

[DabsPoorVersion]

For Bitcoin to reach $1 million by 2026 seems like impossible. There are only two years left before 2026, and the current big news we have is the upcoming halving and ETF approval, this might not be sufficient to make the price of Bitcoin reach that price. Reaching such a high price needs a lot of time and pullbacks before it can make it. I don't say that it is impossible for Bitcoin to reach this high, it will likely take a considerable amount of time before it happens.

[Tribalchief]

2026 is literally two(2) years from now, which means that Bitcoin must have made some reasonable improvement before then, but I don't see that $1M value happening. We are expecting the approval of Bitcoin spot ETF and bitcoin halving soon, which means that 2024 is going to be a busy year in the crypto space. Other matters might arise in 2025 resulting to additional increase, but I think all these won't still drive the price to such amount.

[James Anderson]

In 2026 Deffenetly It Will Hit 1 Million

[Bobcrypto]

I am optimistic that once has been fully mind and have been circulated to more people, the may hit $1m  but could beyond 2026. I think Bitcoin is gradually to main stream, with more people coming in near future, $1m mark is sure. The most important feature of Bitcoin is the $21m limited supply, a great boost to a successful landing in the moon. There is doubt Bitcoin will be better than many assets and commodities out there when it hit $1m. This All time high is loading.

[HelliumZ]

In 2026 Deffenetly It Will Hit 1 Million

Bitcoin definitely be the number one priority currency in the world. Now today bitcoin price around $44000 but we don't care about it's value. When bitcoin price would hit more than 100k then we wouldn't care . Actually who wants to invest then it's appropriate time for investment.