Bitcoin Price Prediction: Arthur Hayes Says Bull Market Has Begun
Key Insights:
- Bitcoin price prediction centers on Hayes’s bull-market call after BTC traded above $80,000.
- US spot Bitcoin ETFs added $337.56 million on Aug. 24, extending their inflow streak to six sessions.
- Treasury will raise long-end buyback caps to at least $4 billion per operation from Sept. 9.
Bitcoin traded above $80,000 on August 25 while Arthur Hayes declared that a new bull market had started. This Bitcoin price prediction links the advance with Treasury bond buybacks and possible cash deployment from the Treasury General Account.
Hayes argues that both measures could add liquidity in dollars and favor scarce assets. Yet the policy connection is a market thesis, not an official guarantee. Fresh demand for exchange-traded funds also supported the move, separating the rally from a purely speculative surge.
Bitcoin Price Prediction Follows Break Above $80,000
The BTC price reached its highest level since mid-May, according to CoinGecko data. Bitcoin has gained 28% during August and is heading for its strongest month since November 2024. A weaker dollar also helped demand for alternative assets, including Bitcoin and gold.
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