BitMEX Co-Founder Arthur Hayes Drops Bombshell: Bitcoin Must Soar Past $110K for Altcoin Season to Ignite!

Hayes Predicts June or Early Q3 Breakout, Warns of "Dino Coins" Doom

Hang onto your hats, crypto fans! Arthur Hayes, the mastermind behind BitMEX, just threw down the gauntlet: Bitcoin's gotta smash through the $110,000 ceiling and charge towards the $150,000-$200,000 stratosphere to spark a real altcoin season. In a fiery interview that's got the crypto world buzzing, Hayes dropped this prediction like a mic drop, saying it could all go down in June or early Q3. He's betting on a surge in liquidity and trading volume to fuel this rocket ride.

But hold up, it's not all sunshine and rainbows. Hayes, now steering the ship at his family office Maelstrom, threw cold water on the idea of a repeat of 2021's wild altcoin party. He's calling out the so-called "dino coins" - those old school tokens that have been left in the dust. "You probably have a bunch of coins in your portfolio that went down 95%, and they're not moving for a reason," he warned. Ouch.

Ethereum vs. Solana: Hayes Puts His Money on ETH

When it comes to the heavyweight battle between Ethereum and Solana, Hayes is all in on ETH for the upcoming bull run. Sure, Solana's been on a tear from $7 to over $170, but Hayes says ETH's got the deeper fundamentals, the highest total value locked, the most devs, and the strongest security thanks to its proof-of-stake magic. Game, set, match.

And get this: Hayes is sticking to his guns on Bitcoin's long-term price prediction, saying it could hit a mind-blowing $1 million by the end of Donald Trump's possible second term in 2028. For this year alone, he's calling for Bitcoin to soar to around $250,000. Buckle up, folks!

Macro Trends and Hayes' Gold Play

Hayes isn't just focused on crypto - he's got his eye on the bigger picture too. He's slamming the U.S. Treasury for pulling a fast one and hiding the country's real borrowing needs. He says the government's draining cash reserves and tapping into underfunded programs, creating a flood of dollar liquidity that's a perfect storm for Bitcoin and risk assets.

And here's a twist: gold makes up a whopping 20% of Hayes' portfolio, from physical holdings to mining stocks. He's betting on central banks to keep gobbling up gold, and he thinks the U.S. might just revalue its gold stash to take the wind out of the dollar's sails. In his crystal ball, gold could hit $10,000-$20,000 before this wild market cycle wraps up.

As we speak, Bitcoin's hovering around $103,000, just 6% shy of its all-time high of $108,786 from earlier this year. The stage is set, the players are ready - now we just need to see if Hayes' predictions play out like a blockbuster movie!