- Arthur Hayes says Bitcoin outperforms stocks and gold long-term, expecting $150K–$200K as macro trends favor hard assets ahead.
- He anticipates Federal Reserve rate cuts, possibly fifty basis points meeting, with inflation staying elevated for eighteen months.
Arthur Hayes, co-founder of BitMEX, recently stated that Bitcoin continues to outperform traditional assets like stocks and gold. He made these comments in an interview with Kyle Chasse, a Bitcoin and Web3 entrepreneur.
He argued that Bitcoin remains the strongest asset historically for protecting against currency devaluation. Hayes cautioned against short-term expectations, stating that people who bought Bitcoin several years ago remain in a strong position.
He noted that while the S&P 500 appears strong, its value measured against gold has not returned to its 2008 level. Only major U.S. technology companies have maintained their value relative to gold, he said. When measured against Bitcoin, the performance of other assets is not visible on a chart, Hayes added.
“If you thought that you were going to buy Bitcoin and next day you were buying a Lamborghini, you’re probably getting liquidated because it’s just not the right way to think about things,” he said.
Hayes also said that markets are not fully accounting for potential gains in equities and crypto. He expressed his view that the typical four-year market cycle does not apply. He predicts Bitcoin could reach a price between $150,000 and $200,000 due to broader economic conditions unfolding between now and 2030.
“If you deflate things by Bitcoin, you can’t even see it on the chart. It’s just so ridiculous about how well Bitcoin has performed,” he said.
Regarding monetary policy, Hayes said the U.S. Federal Reserve has entered a period of reducing interest rates. He anticipates a potential cut of 50 basis points at the next policy meeting. He also expects inflation to remain higher than average for the next year and a half to two years. His advice to investors is to hold hard assets, such as Bitcoin, gold, or select U.S. stocks, to preserve value during this time.
Rekt Capital, stated that Bitcoin has met its minimum expected price target of approximately $109,000. The price has since moved to $116,036. A weekly closing price above $114,000 could establish a new support level. This might allow the price to move toward the $114,000 to $120,000 range.
