Arthur Hayes, the co-founder of cryptocurrency exchange BitMEX and Chief Investment Officer at Maelstrom Fund, has shared a wide prediction that BTC is headed to cruise $110,000 soon.
In a recent interview with YouTuber Kyle Chasse, Hayes downplayed the obsession with specific price targets, instead urging traders to focus on the broader forces driving the market—namely, fiat liquidity. As of March 27, Bitcoin is trading at $87,469.21, reflecting a slight 0.53% dip over the past 24 hours.
Fiat Liquidity Trumps Price Targets
Hayes argues that Bitcoin’s value hinges less on hitting a magic number and more on the ebb and flow of global fiat money creation. “It’s about how you think the expectation of fiat liquidity growth justifies this price versus the reality of what politicians and central bankers are actually saying,” he explained.
He pointed to the 2021 bull market peak as a case study: when Federal Reserve Chair Jerome Powell signaled a shift to higher interest rates in December, stagnation set in, paving the way for a bear market. For Hayes, it all boils down to one thing: “How many dollars, euros, yen, and yuan are being created and destroyed—that’s what shapes Bitcoin’s price now and in the near future.”
A “Numerically Interesting” Milestone Ahead
While Hayes shies away from fixating on exact figures, he teased that Bitcoin will soon reach a “numerically interesting” level—pegging it at $110,000 in an earlier prediction this month. He attributes this surge to the Fed’s recent pivot from quantitative tightening to easing, a move he believes will flood the system with liquidity.
“We’re gonna hit that level, and then we’re going to expect insane things out of the pace of fiat money creation,” he said. “At that point, it’s probably time to sell everything.”
Beyond this, Hayes remains a long-term bull, confidently forecasting Bitcoin will eventually climb to $1 million, with or without government backing or regulatory clarity.
Lessons from the Past, Eyes on the Future
Hayes’s focus on fiat liquidity offers a fresh lens for understanding Bitcoin’s wild price swings. Reflecting on the Fed’s 2021 policy shift, he sees a clear pattern: when liquidity dries up, markets falter; when it flows, BTC thrives.
His latest $110,000 call comes with a near-term twist—he expects the cryptocurrency to retest $76,500 after hitting that peak. For traders, Hayes’s insight suggests a deeper game plan: track the money supply, not just the charts.
