According to a report by prominent cryptocurrency analyst Arthur Hayes, more than $15 trillion in new credit could be created by 2028 if the Federal Reserve adopts large-scale money printing under President Trump’s yield curve control plan. Hayes notes that “the slope of the percentage increase in Bitcoin to a dollar of credit growth was ~0.19.” Such a move could lead to Bitcoin (BTC) hitting $3.4 million by 2028.
Will Bitcoin Realistically Hit $3.4 Million by 2028?
Despite the bullish calculation, Hayes does not believe BTC can hit $3.4 million in less than four years. Hayes states, “Do I think Bitcoin will rise to $3.4 million by 2028? No, but I believe the number will be markedly higher than the ~$115,000 that it trades at today.“
A more realistic timeline for Bitcoin (BTC) hitting seven figures would be by 2030, as forecasted by many experts. Binance founder Changpeng Zhao (CZ) had stated in an interview that BTC could rise to between $500,000 and $1 million this cycle. ARK Invest CEO Cathie Wood is also of the opinion that Bitcoin (BTC) will hit the $1 million price point eventually. BTC maximalist Michael Saylor also shares a similar viewpoint.
How High Can BTC Go By 2028?
According to Telegaon analysts, Bitcoin (BTC) will continue hitting new peaks over the coming years. The platform anticipates the original cryptocurrency to hit a potential maximum price of $489,986 in 2028. BTC’s price will rally by about 333.52% if it hits the $489,986 target.
Also Read: Deutsche Bank: Central Banks May Buy, Hold Bitcoin by 2030
Changelly analysts also share a similar forecast for Bitcoin (BTC), albeit slightly more bearish. The platform predicts BTC to trade at a potential maximum price of $425,538 in 2028. Hitting $425,538 from current price levels will translate to a rally of about 276.5%.
