Arthur Hayes predicts that BTC prices may reach $3.4 million in 2028

Arthur Hayes said in his latest article that Becente's reindustrialization plan is to control the Federal Reserve and implement yield curve control (YCC). The short-term interest rate is determined by the excess reserve rate and the discount window rate, while the long-term interest rate is suppressed by the expansion of the Federal Reserve's balance sheet to buy bonds.

He deduced that if Trump takes control of the Fed and implements the plan in 2026, the total new credit scale between the Federal Reserve and commercial banks may reach $15.2 trillion. Referring to the increase in Bitcoin during the COVID-19 pandemic, the BTC price may reach US$3.4 million to the theoretical high in 2028.