Arthur Hayes says he believes Bitcoin will continue to rally and will not stop at $100,000.
The latest comments come ahead of the upcoming halving event from former BitMEX CEO Arthur Hayes.
Speaking at the Token 2049 conference in Dubai, Arthur Hayes stated that he believes Bitcoin is set to continue rallying throughout this year and next.
Arguing that Bitcoin will not stop at $100,000 during its current bull run and will continue to push higher, he outlined his reasons for the surge.
Claiming that real yields will continue to be negative in the United States for the foreseeable future, Hayes said that if this trend continues, it will continue to buoy the value of Bitcoin and other cryptocurrencies.
He compared gold to Bitcoin, saying that BTC has several advantages over gold.
