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Arthur Hayes predicts: Bitcoin needs to break through $110,000 to welcome alt season.
Gate News bot news, well-known figure in the Crypto Assets industry Arthur Hayes has released his latest market predictions. He pointed out that the precondition for the alts market to start is for Bitcoin's price to break through $110,000 and rise to the $150,000-$200,000 range, which is expected to occur this summer or early in the third quarter.
Hayes also disclosed the composition of his portfolio, with gold accounting for about 20%. He is optimistic about Ethereum, believing that in the upcoming bull market over the next 18-24 months, the rise of ETH will surpass that of SOL.
Regarding the price of Bitcoin, Hayes predicts that the target price for Bitcoin by the end of this year will be around $250,000, and it will reach $1,000,000 before the end of Trump's term (the end of 2028).