Bitcoin To $125,000: Arthur Hayes Says The Setup Is Turning Bullish
Arthur Hayes says Bitcoin’s macro setup is turning bullish again, arguing that wartime spending, US fiscal deficits and bank-led credit creation could outweigh fears of a smaller Federal Reserve balance sheet. Speaking at the Bitcoin 2026 conference in Las Vegas, the BitMEX co-founder said Bitcoin is increasingly trading as a response to “wartime inflation,” not just the artificial intelligence cycle.
Featured image created with DALL.E, chart from TradingView.com
