Bitcoin’s price jumps to $91,000. Where Arthur Hayes and six experts see it going next

5 months ago 28

Bitcoin’s terms has surged supra $91,000.
The plus has reclaimed mislaid crushed connected the eve of Trump’s crypto summit.
Here’s what 7 analysts accidental volition thrust the cryptocurrency’s terms next.

Bitcoin’s terms volition surge to $1 cardinal successful the not excessively distant future.

That’s 1 of the predictions made up of President Donald Trump’s archetypal crypto summit.

The Friday meet-up volition spot manufacture leaders congregate astatine the White House to evangelise the benefits of integer assets to Trump and Crypto Czar David Sacks.

It comes connected the backmost of a rollercoaster fewer days — driven successful portion by economical fears, tariff threats, and a grounds hack — that saw Bitcoin plunge 12% to commercialized beneath $80,000.

Bitcoin’s terms has recovered somewhat successful the lead-up to the summit. It present trades supra $91,000.

Here’s what volition thrust the terms of Bitcoin adjacent according to Arthur Hayes and six different experts.

Maelstrom’s Arthur Hayes

Trump’s policies volition devalue the dollar and nonstop the terms of Bitcoin to $250,000 astatine the extremity of 2025 — and to $1 cardinal astatine the extremity of the president’s term.

Hayes, crypto influencer and main concern serviceman astatine Maelstrom, made those predictions in a blog this week, arsenic good arsenic successful a January interrogation with DL News.

“I’m coating a precise rosy aboriginal representation for Bitcoin adjacent though the markets are presently successful the shitter,” Hayes said successful his post.

First, however, helium said Bitcoin’s terms volition apt driblet arsenic debased arsenic $70,000 successful the abbreviated word arsenic the worth of the dollar tanks.

When that happens, Hayes predicted that investors volition fly to the integer plus to support the worth of their money, frankincense pumping the price.

“Let politicians bash person things, enactment successful your lane, and bargain Bitcoin,” Hayes said.

Standard Chartered’s Geoffrey Kendrick

Trump’s Sunday missive astir his planned nationalist crypto reserve paved the mode for Bitcoin’s to deed $500,000.

That’s according to Geoffrey Kendrick, Standard Chartered’s planetary caput of integer assets research.

He argued that the announcement signalled that the White House has enactment its thumb connected the scales successful favour of integer assets.

“Markets tin present borderline higher,” helium said, arguing that Standard Chartered’s erstwhile prediction that Bitcoin volition hit $500,000 astatine the extremity of Trump’s word is inactive precise overmuch successful play.

Derive’s Sean Dawson

Traders person piled into bullish bets that Bitcoin’s terms volition deed $120,000 by the extremity of March.

On Tuesday, options data from Deribit showed that much than two-thirds of traders connected the level had placed bets the apical cryptocurrency volition surge by the contracts’ March 28 expiry.

A akin inclination is seen connected Derive, wherever analysts are seeing “strong request for high-leverage calls” contempt the marketplace turmoil, said Sean Dawson, caput of probe astatine the options trading protocol.

“This indicates that traders are seeking upside vulnerability successful the aftermath of the ample terms fluctuations,” Dawson wrote successful a Tuesday blog.

Bitpace’s Meryem Habibi

Trump’s program to found a nationalist crypto reserve buoyed Bitcoin’s terms this week, but traders should look to different factors.

That’s according to crypto outgo institution Bitpace’s Chief Revenue Officer Meryem Habibi.

She told DL News this week that crypto exchange-traded funds’ concern flows and immoderate policies coming retired of Washington volition apt impact sentiment.

Habibi besides said to look astatine the system for clues.

“Broader macroeconomic factors specified arsenic involvement complaint expectations, ostentation data, and fiscal marketplace conditions volition besides play a relation successful shaping capitalist sentiment,” Habibi said.