Bitcoin’s price jumps to $91,000. Where Arthur Hayes and six experts see it going next – DL News

Bitcoin’s price will surge to $1 million in the not too distant future.

That’s one of the predictions made ahead of President Donald Trump’s first crypto summit.

The Friday meet-up will see industry leaders congregate at the White House to evangelise the benefits of digital assets to Trump and Crypto Czar David Sacks.

It comes on the back of a rollercoaster few days — driven in part by economic fears, tariff threats, and a record hack — that saw Bitcoin plunge 12% to trade below $80,000.

Bitcoin’s price has recovered slightly in the lead-up to the summit. It now trades above $91,000.

Here’s what will drive the price of Bitcoin next according to Arthur Hayes and six other experts.

Maelstrom’s Arthur Hayes

Trump’s policies will devalue the dollar and send the price of Bitcoin to $250,000 at the end of 2025 — and to $1 million at the end of the president’s term.

Hayes, crypto influencer and chief investment officer at Maelstrom, made those predictions in a blog this week, as well as in a January interview with DL News.

“I’m painting a very rosy future picture for Bitcoin even though the markets are currently in the shitter,” Hayes said in his post.

First, however, he said Bitcoin’s price will likely drop as low as $70,000 in the short term as the value of the dollar tanks.

When that happens, Hayes predicted that investors will flee to the digital asset to protect the value of their money, thus pumping the price.

“Let politicians do politician things, stay in your lane, and buy Bitcoin,” Hayes said.

Standard Chartered’s Geoffrey Kendrick

Trump’s Sunday missive about his planned national crypto reserve paved the way for Bitcoin’s to hit $500,000.

That’s according to Geoffrey Kendrick, Standard Chartered’s global head of digital assets research.

He argued that the announcement signalled that the White House has put its thumb on the scales in favour of digital assets.

“Markets can now edge higher,” he said, arguing that Standard Chartered’s previous prediction that Bitcoin will hit $500,000 at the end of Trump’s term is still very much in play.

Derive’s Sean Dawson

Traders have piled into bullish bets that Bitcoin’s price will hit $120,000 by the end of March.

On Tuesday, options data from Deribit showed that more than two-thirds of traders on the platform had placed bets the top cryptocurrency will surge by the contracts’ March 28 expiry.

A similar trend is seen on Derive, where analysts are seeing “strong demand for high-leverage calls” despite the market turmoil, said Sean Dawson, head of research at the options trading protocol.

“This indicates that traders are seeking upside exposure in the wake of the large price fluctuations,” Dawson wrote in a Tuesday blog.

Bitpace’s Meryem Habibi

Trump’s plan to establish a national crypto reserve buoyed Bitcoin’s price this week, but traders should look to other factors.

That’s according to crypto payment company Bitpace’s Chief Revenue Officer Meryem Habibi.

She told DL News this week that crypto exchange-traded funds’ investment flows and any policies coming out of Washington will likely affect sentiment.

Habibi also said to look at the economy for clues.

“Broader macroeconomic factors such as interest rate expectations, inflation data, and financial market conditions will also play a role in shaping investor sentiment,” Habibi said.

Bernstein

Trump’s plans to create a national crypto stockpile will push the asset’s price past $200,000 over the next 12 to 18 months.

That’s according to three analysts from Bernstein. On Monday, the research firm told investors: “We are in a new era.”

Crypto market movers

• Bitcoin is up 1.3% over the past 24 hours to trade at $91,061.
• Ethereum is up 2.3% to trade at $2,287.

What we’re reading

Eric Johansson is DL News’ News Editor. Got a tip? Email at eric@dlnews.com.