BitMEX founder Arthur Hayes has recently conveyed a highly bold prediction for Bitcoin price, predicting it to hit $1 million in a few years. Speaking at the TOKEN2049 event in Dubai, Hayes outlined a potential timeline for such a bullish feat to occur, sending shockwaves across the crypto sector. Notably, BTC price is currently trading at the $95K level, showcasing bullish strength after a market turmoil witnessed at the beginning of this year.
BitMEX’s Arthur Hayes Predicts Bitcoin Price To Hit $1M; Here’s When
BitMEX founder Arthur Hayes has predicted that Bitcoin price will hit $1 million by 2028 during his speech at TOKEN2049. Primarily, he believes that if the U.S. increases dollar liquidity through measures that are similar to quantitative easing, cryptocurrency prices could leverage a significant surge.
For context, increased dollar liquidity could mean more money flowing into risk assets such as BTC. In response, the market could see the flagship coin gain substantially, with Hayes believing that $1 million is in BTC’s grasp.
Besides, the current broader market uncertainty remains primarily attributable to Trump’s push for high tariff policies, although the tariffs have been delayed for 90 days, per Arthur Hayes. Even Fed Chair Jerome Powell may be reluctant to intervene directly, he stressed looking at the current market landscape. This could pave the way for short-term price volatility.
BTC price is currently trading at the $94K level, consolidating over the week after a market turmoil caused due to Trump’s tariff flip-flopping. Yet, the flagship crypto remains much-eyed by traders and investors globally amid such bold predictions.
Bullish Factors In Play
Coinglass data further indicated that BTC futures OI remained above the $60 billion mark, an optimistic dynamic underscoring heightened market interest. This stat has added to sentiments of a bull run looming for the flagship coin right ahead.
In addition, a Bitcoin price prediction by CoinGape also revealed that bulls remain dominant over the token at the moment, as per the 3-month bias indicator. However, this prediction has highlighted that the max target for 2028 remains $148K, a level substantially below Arthur Hayes’ forecast.
In conclusion, broader market sentiments revolving around the coin’s long-term prospects remain bullish amid strong dynamics, although the exact target for 3 years down the line remains speculative.
Subsequently, it’s also worth keeping in mind that the next BTC halving will take place in 2028, another bullish aspect when considering future movements.
After weeks of sideways action, Bitcoin and Ethereum are finally showing strong signs of recovery. Bitcoin has jumped to a seven-week high of $91,000, climbing from a recent low of $74,400, a gain of around 22%.
But this price jump isn’t just about Bitcoin, Ethereum too, is back in the green, now trading above $1,700 after a solid 5.5% rise in just 24 hours.
So, what’s behind this sudden price pump? Let’s break it down.
Institutional Money is Flowing Back into Bitcoin
One of the biggest reasons behind Bitcoin’s jump is the return of institutional investors. In the last few weeks, U.S.-based Bitcoin ETFs saw their biggest daily inflow, pulling in $381.3 million.
Leading the charge was ARK’s Bitcoin ETF with $116 million, followed by Fidelity’s fund with $87 million. This strong inflow shows that institutional players are confident about Bitcoin’s future again.
Political Pressure on the Fed to Cut Rates
Another key reason is the political pressure being placed on the Federal Reserve. U.S. President Donald Trump is urging the Fed to lower interest rates, which often leads investors to seek out alternative assets like Bitcoin and Ethereum.
There are even talks of whether Trump could try to remove Fed Chair Jerome Powell, which is creating uncertainty in traditional markets.
Dollar Weakness and Growing Liquidity
The U.S. Dollar Index (DXY) recently hit its lowest point since February 2022, dropping to around 98.77. A weaker dollar tends to boost crypto prices, especially when global liquidity is on the rise.
As more money flows through the system, digital assets like Bitcoin and Ethereum often benefit.
Bitcoin & Ethereum Price Outlook
As of now, Bitcoin is trading at $90,859, up 4%, with a market cap near $1.8 trillion. But crypto expert Ali Martinez warns of hurdles ahead, as key resistance levels between $95,600 and $98,290 could slow it down. If Bitcoin breaks through, though, the path to $100K might finally open up.
On the other hand, Ethereum is seen trading around $1,695, up 5.5% in the past day. According to Crypto Rover, two big investors (called whales) just bought 4,500 ETH worth $7.36 million.
This shows strong trust in Ethereum and could help push its price even higher—some even believe it might reach $10,000 someday.
The post Why Bitcoin & Ethereum Price Surge Today? Key Reason Behind It appeared first on Coinpedia Fintech News
After weeks of sideways action, Bitcoin and Ethereum are finally showing strong signs of recovery. Bitcoin has jumped to a seven-week high of $91,000, climbing from a recent low of $74,400, a gain of around 22%. But this price jump isn’t just about Bitcoin, Ethereum too, is back in the green, now trading above $1,700 …
Crypto options expiry this week concerns over $3.5 billion in notional value. The high volume of expiring options isexpected to create short-term volatility in the market.
These expiring options coincide with rising global uncertainty amid geopolitical tensions, so traders and investors should prepare for the impact.
Crypto Markets to See $3.5 Billion in Bitcoin, Ethereum Options Expire
With over $3.5 billion worth of Bitcoin and Ethereum options expiring today, data on Deribit shows BTC contracts account for most of it. Today, 27,959 Bitcoin option contracts will expire, sending up to $2.9 billion in notional value down the drain.
The maximum pain level is $106,500, slightly above Bitcoin’s price as of press time. Option traders will experience the most losses at this level.
Meanwhile, these expiring Bitcoin contracts have a put-to-call ratio of 0.91, highlighting the prevalence of Call (purchase) options rather than Put (sale) options. This means traders are leaning bullish rather than bearish.
At the same time, 246,849 Ethereum contracts will expire today, accounting for $617.6 million in notional value.
According to data on Deribit, these expiring options have a put-to-call ratio of 1.14. The maximum pain level or strike price is $2,650. Notably, Ethereum’s put-to-call ratio is above 1, showing a prevalence of Put (sale) options rather than Call (purchase) options.
Ethereum’s put and call options distribution suggests a market tilt toward protecting against ETH price drops, based on the higher put-call ratio of 1.14.
According to the Max Pain theory in crypto options trading, as options near their expiration, the underlying asset’s price tends to gravitate toward the strike price. Here, the greatest number of options (calls and puts) would expire worthless, causing maximum financial loss (or “pain”) to option holders.
This theory hinges on the assumption that market makers or large institutional players (smart money), often on the other side of options trades, may influence the underlying asset’s price through trading or hedging activities. Their actions push prices toward the max pain points.
It happens as market makers profit when options expire worthless, as they collect the premiums without paying out.
Ethereum Upside Flows Are Strong Heading Into Expiry
Greeks.live analysts highlight bearish dominance, as seen with multiple traders shifting to buy puts for protection. Deribit notes that ETH upside flows are heading into expiry.
“ETH upside flows are strong heading into expiry. Will traders keep chasing it after Friday, or is this where it cools off?” Deribit posed.
This contrasts with Ethereum’s max pain point, indicating potential volatility given that option expiries often trigger price swings as traders adjust positions. This is especially true when flows defy max pain expectations.
“The group appears divided on market direction, with bears dominating the conversation as multiple traders have shifted to buying puts for protection,” analysts at Greeks.live wrote, highlighting market sentiment.
Analysts at Greeks.live attempt to explain the Put protection strategy, which is displayed among traders who are hedging for downside risk.
According to the analysts, traders are buying put spreads and protective puts, positioning themselves strategically after months of bullish sentiment.
High volatility environment is creating attractive opportunities for put protection, with traders anticipating two standard deviation events and significant price wicks from unexpected news catalysts,” they added.
Bitcoin price rallied 10% as Trump hinted at a tariff rollback, boosting risk appetite. However, market uncertainty persists, as analyst spots patterns similar to 2019’s US trade war impact.
Bitcoin (BTC) Rally Restarts as Trump Hints at Tariff U-Turn
Bitcoin (BTC) volatility persisted on Wednesday as traders reacted to fresh developments in U.S. trade policy.
Since President Donald Trump announced the creation of a Crypto Strategic Reserve on Sunday, March 2, BTC has traded within 10% ranges for three consecutive days.
After surging 11% following the strategic reserve announcement, Bitcoin’s rally was abruptly halted when Trump confirmed a 25% import tariff on Canada and Mexico, triggering a sharp 15% sell-off on Monday. However, the market took another dramatic turn on Wednesday.
Late Tuesday, U.S. Secretary of Commerce Howard Lutnick stated that President Trump will “probably” reach a compromise with Canada and Mexico in the coming days. Traders responded swiftly, piling into buy orders on optimism that an anticipated tariff rollback could ease economic uncertainty, bolstering risk assets like Bitcoin.
Bitcoin (BTC) Price Action, March 5
Within 12 hours of Lutnick’s statement, BTC surged 10%, rallying from its weekly low of $81,400 recorded on Tuesday to reclaim levels above $91,500 by mid-day in U.S. trading. If bullish momentum holds, a close above $90,000 could reinforce a broader breakout attempt, setting the stage for Bitcoin to target new highs.
Lance Roberts flags Trade war reactions exerting bearish pressure on BTC price action
On Wednesday, BTC price reclaimed territories above the $91,500 level as markets reacted to speculations that US President Donald Trump could ease tariffs imposed on Canada and Mexico.
Bitcoin analyst Lance Roberts published charts showing how US Trade policy has impacted financial markets in recent weeks.
“Trade War 1 vs Trade War 2.
So far, the #market is tracing out Trump’s first trade war fairly closely. While no two markets are ever the same, it is worth noting that even though markets declined, they also rallied. The point here is to ignore media headlines and focus on your portfolio.”
Diving into the chart he posted, Lance Roberts’ chart draws a striking parallel between the S&P 500’s performance during the 2019 trade war and its 2025 trajectory, illustrating how historical market reactions to U.S. trade tensions could be playing out again.
S&P 500 Futures Price Action: 2025 YTD vs. 2019 Trade War | Source: https://x.com/LanceRoberts
In 2019, the market initially rallied before experiencing volatility tied to major trade-related developments.
One key moment highlighted in the chart is when former President Trump called off 25% tariffs on Mexico, triggering a strong rally.
Later, news of Trump-Xi trade deal talks fueled further gains, reinforcing the notion of a “Trump put”—the market’s expectation that
Trump would eventually ease trade tensions to support equities. This de facto put acted as a backstop, preventing prolonged downturns despite interim sell-offs. So far in 2025, the S&P 500 has followed a similar script, with a strong start before recent weakness, aligning with the early phases of the 2019 pattern.
This suggests that while the market is experiencing turbulence amid trade concerns, a potential bullish pivot could occur if Trump signals a shift in policy, just as it did in 2019. If history rhymes, Bitcoin could benefit as a risk asset.
BTC Price Outlook on US Trade War
However, the bearish case remains compelling. Unlike in 2019, today’s market is contending with structurally higher interest rates, which could dampen any relief rallies. Additionally, the Federal Reserve’s policy stance is less accommodative, meaning liquidity injections that cushioned past downturns may not materialize.
Ultimately, whether the 2019 pattern continues to play out in full will depend on the next moves from policymakers.
If trade tensions escalate further without policy relief and risk appetite deteriorates, BTC’s recent gains may prove short-lived, exposing the market to deeper corrections.
Conversely, if Trump eases the tariffs this week, both S&P 500 equities and Bitcoin price could be poised for another leg higher. In this case BTC price could hit new all-time highs near $120,000 once US Treasury begins buying BTC and other assets included in the crypto strategic reserve bucket.
Bitcoin Technical Analysis Today: Close above $90,000 could spark support $100K breakout prospects
Technical indicators on the 12-hour Bitcoin price forecast chart below suggest a close above the $90,000 could confirm a bullish shift in market momentum, especially if Trump officially rolls back the tariffs as widely anticipated.
BTC price has rebounded sharply, gaining 11.46% over the past 24 hours, signaling a resurgence in buyer confidence. The bullish momentum coincides with Bitcoin breaking out of the lower Keltner Channel (KC) boundary, historically a precursor to sustained rallies.
A confirmed move past $90,000 could see the upper KC boundary at $97,487 tested, with $100,000 becoming a psychological magnet if bullish momentum persists.
Bitcoin Price Forecast (BTCUSD) | March 5
However, the Parabolic SAR remains positioned above price action, indicating that downward pressure has yet to be fully negated.
A failure to hold above $88,000 support could see a retracement toward the mid-KC line at $80,210, where buyers may attempt to reestablish control.
Meanwhile, the Bull-Bear Power (BBP) has flipped positive after a prolonged period in the red, reinforcing short-term bullish sentiment.
If BBP sustains its uptrend, further upside pressure could validate the bullish thesis. On the contrary, a sudden reversal in BBP, coupled with rejection at $90,000, might expose Bitcoin to another wave of selling.
