Bitcoin Price To $1M: What’s Behind Robert Kiyosaki & Arthur Hayes’ BTC Prediction?
Highlights
- Financial experts predict Bitcoin price reaching $1 million within the next decade.
- Arthur Hayes points to expanding government deficits and money printing as key drivers.
- Robert Kiyosaki warns of economic depression while recommending BTC as a hedge.
Most financial experts are speculating about how much Bitcoin price will appreciate. Prominent individuals such as Arthur Hayes and Robert Kiyosaki are forecasting BTC to reach $1 million in the not-so-distant future. Such lofty forecasts are coming as concerns grow about economic stability worldwide, government budget deficits, and monetary policy moves.
Arthur Hayes Foresees Bitcoin Price to $1 Million
Arthur Hayes, ex-BitMEX CEO, has a $1 million target for Bitcoin. He said this in an interview with cryptocurrency YouTuber Kyle Chasse. Hayes said that this target may be achieved by 2028. He justified his forecast by pointing to increasing government deficits and monetary policy as the primary drivers.
Hayes shared the same long-term BTC price target at the Token2049 event. He reports that the Biden administration approved about $7.1 trillion of net Treasury debt while in office. This was the period when the Bitcoin price rose sixfold. Hayes mentioned that during the Trump administration, the deficit is already 22% higher in the first half of the year compared to last year.
Hayes also recognizes a number of factors that will propel further deficit growth. They are an aging American population that will require additional Social Security and Medicare expenditures, increased defense spending, and the expense of bringing manufacturing back to the United States. These costs, added to increasing interest on the debt outstanding, represent what Hayes sees as a mathematical certainty.
The investor indicates that these fiscal stresses will be a boon for the Bitcoin price. He points to recent policy signals, such as Treasury buyback programs and potential changes to supplemental leverage ratios for banks, as signs that authorities will continue to seek ways to maintain market stability by providing liquidity.
Hayes predicts the BTC price will reach $250,000 by the end of 2025. He expects the most aggressive price action to happen in 2026-2027 when he expects a “money printing bonanza.”
Robert Kiyosaki Shares the Same BTC Price Vision
“Rich Dad Poor Dad” author Robert Kiyosaki has aligned with Hayes’ million-dollar Bitcoin prediction but with a slightly longer timeframe. In an April tweet, Kiyosaki stated that by 2035, one Bitcoin will be over $1 million.
Kiyosaki frames his Bitcoin outlook within an overall economic warning about an impending financial crisis. He points to multiple concerning indicators like record-high credit card and U.S. government debt, rising unemployment, and diminishing 401(k) values.
The financial educator mentions that he has consistently warned about this economic scenario across multiple books. For those concerned about financial stability, Kiyosaki repeatedly recommends a strategy centered around hard assets like gold, silver, and Bitcoin.
What distinguishes Kiyosaki’s perspective is his view that the coming economic crisis is not just a threat but also an opportunity. He suggests that individuals who take action to acquire even small amounts of Bitcoin, gold, or silver before the “giant crash” could “come through this crisis a very rich person.”
- Will Bitcoin Rally as JPMorgan Tips Fed To End QT at FOMC Meeting?
- White House Crypto Czar Backs Michael Selig as ‘Excellent Choice’ To Lead CFTC
- Ripple Explores New XRP Use Cases as Brad Garlinghouse Reaffirms Token’s ‘Central’ Role
- Kyrgyzstan Adds Binance Coin (BNB) to National Crypto Reserve, CZ Confirms
- Ripple-Backed Evernorth Grows XRP Treasury to $1B Ahead of Nasdaq Listing
- Analyst Eyes Key Support Retest Before a Rebound for Ethereum Price Amid $93M ETF Outflows and BlackRock Dump
- Bitcoin Price Eyes $120K Ahead of FED’s 98.3% Likelihood to Cut Rates
- PEPE Coin Price Prediction as Weekly Outflows Hit $17M – Is Rebound Ahead?
- HBAR Price Targets 50% Jump as Hedera Unleashes Massive Staking Move
- Chainlink Price Outlook: Analyst Predicts $100 as Reserve Adds 63K LINK
- SUI Price Prediction as TVL and Monthly DEX Volume Hit All-Time Highs- What’s Next?