Former BitMEX CEO Arthur Hayes has doubled down on his uber-bullish Bitcoin price prediction, claiming that the price of the world’s largest crypto (BTC) will eventually hit a whopping $1 million per coin.

Hayes recently predicted that the price of Bitcoin would touch $1 million by 2030. He believes that Bitcoin would be able to reach that milestone because of the “HODL culture.” Users with a high level of conviction will not sell their holdings since they anticipate significant price appreciation in the future.

"The DoomLoop has begun. 1 USD = 1 EUR. Prepare yourselves for YCC and $BTC = $1 million. But please be patient, these things take time."
Learn more about your ad choices. Visit megaphone.fm/adchoices