Arthur Hayes: Still Believes Bitcoin Will Hit $250,000 by End of Year

BlockBeats News, November 29, BitMEX Co-founder Arthur Hayes reiterated his $250,000 Bitcoin price target and elaborated on the key drivers pushing the rise.

Despite only 33 days left until the end of 2025, Hayes still firmly believes that Bitcoin will see a 170% increase and reach a historical new high of $250,000. During an appearance on the "Milk Road Show" last Wednesday, he unwaveringly stuck to this prediction. "I will stick to this target, and success or failure hinges on this single move."

He previously accurately predicted that the drop to $80,600 last week was the bottom, and at least the current trend is validating this assessment. Arthur Hayes expects the bottoming out of dollar liquidity, combined with the end of quantitative tightening policies, to jointly drive Bitcoin's next stage of growth. The Fed's 25 basis point rate cut in October has signaled the halt of monetary supply contraction.

Arthur Hayes believes these catalysts will propel Bitcoin to break the previous high of $126,220 and reach $250,000 by the end of the year. However, he also openly accepts the possibility of a misjudgment: "Anyway, I am in a long position, and regardless of the outcome, I will face it calmly."