Bitcoin at one million dollars? Experts analyze the bullish explosion scenario in the next cycle

The debate about the next level of Bitcoin has generated speculation within the crypto community. Arthur Hayes, a well-known entrepreneur in the sector, has proposed a scenario where BTC could reach the symbolic figure of $1 million within a two-year horizon.

The End of the Traditional Cycle and Its Implications

According to Hayes’s analysis, the four-year pattern that has historically set the pace for Bitcoin seems to be coming to an end. This change in dynamics, he claims, could be the catalyst for an unprecedented bullish movement in the history of the digital asset.

With Bitcoin currently trading around $91.95K, the distance to one million dollars represents approximately a 989% potential gain. Although the figure may seem ambitious, Hayes bases it on structural transformations that are occurring in the cryptocurrency market.

Structural Changes as a Growth Driver

Arthur Hayes’s thesis is based on the idea that the crypto ecosystem is experiencing fundamental changes. These changes are not cyclical but structural, suggesting they could drive a prolonged and significant rally.

The expert proposes that these market transformations would establish the conditions for Bitcoin to enter a long-term appreciation phase, different from the traditional speculative cycles the asset has experienced in the past.

What Does This Mean for Investors?

Hayes’s prediction opens the debate about where Bitcoin’s bottom truly lies in this new cycle. If his analysis is correct, the next twenty-four months could be critical for positioning in the most established digital asset in the crypto market.