Bitcoin Will Hit $1,000,000 | Why Is Arthur Hayes So Bullish On Crypto

Arthur Hayes is a renowned figure in the crypto community, widely recognized as one of the pioneers. He consistently provides insightful analysis of the crypto market and blockchain technology through his blog. In this episode of The Wolf Of All Streets podcast, we delve into a myriad of topics ranging from macroeconomics to ETFs, the ongoing bull market, NFTs, and notably, Arthur's bold prediction that BTC will soar to $1,000,000. Watch this episode to learn more about crypto and gain valuable insights from Arthur Hayes himself. Arthur Hayes: https://twitter.com/CryptoHayes Arthur Hayes' blog: https://cryptohayes.medium.com/ ►► Sponsored by iTrust Capital Invest in Bitcoin, Crypto Assets & Gold with Your IRA Using iTrust Capital. 👉 https://bit.ly/itrust-scott ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEK DAY! 👉https://thewolfden.substack.com/ ►►OKX SIGN UP FOR AN OKX TRADING ACCOUNT THEN DEPOSIT & TRADE TO UNLOCK MYSTERY BOX REWARDS OF UP TO $60,000! 👉 https://www.okx.com/join/SCOTTMELKER ►►TRADING ALPHA READY TO TRADE LIKE THE PROS? THE BEST TRADERS IN CRYPTO ARE RELYING ON THESE INDICATORS TO MAKE TRADES. USE CODE ‘25OFF’ FOR 25% OFF WHEN VISITING MY LINK. 👉 https://tradingalpha.io/?via=scottmelker ►►NGRAVE This is the coldest hardware wallet in the world and the only one that I personally use. 👉https://www.ngrave.io/?sca_ref=4531319.pgXuTYJlYd ►►NORD VPN GET EXCLUSIVE NORDVPN DEAL - 40% DISCOUNT! IT’S RISK-FREE WITH NORD’S 30-DAY MONEY-BACK GUARANTEE. PROTECT YOUR PRIVACY! 👉 https://nordvpn.com/WolfOfAllStreets Follow Scott Melker: Twitter: https://twitter.com/scottmelker Web: https://www.thewolfofallstreets.io Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c #Bitcoin #Crypto #trading Timestamps: 0:00 Intro 1:02 The macro background 3:00 The system wants your money 4:50 iTrustCapital 5:49 The first test of the market 9:55 The wealth effect and meme coins 15:45 The trickle down effect of the pump 17:50 What happens to top coins from previous cycles? 19:00 NFTs 19:45 The new narratives 23:20 When will DeFi be massively used? 24:35 Ethena 28:17 Risk transparency 29:30 Centralized stablecoins 30:20 ETFs 32:40 AI and crypto 35:00 The decentralized systems are still undervalued 36:20 Ethereum’s big bid 39:35 VC deals 43:25 Huge discounts and funding trade 45:48 Playing with degen stuff 47:15 How to get more involved with crypto 48:55 $1,000,000 Bitcoin 51:44 Follow Arthur Hayes The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.