Gate News bot message, well-known figure in the Crypto Assets industry Arthur Hayes has made his latest market predictions. He pointed out that the prerequisite for the altcoin market to start is for Bitcoin's price to break through $110,000 and rise to the $150,000 to $200,000 range, a situation that is expected to occur this summer or in early the third quarter.
Hayes also revealed the composition of his investment portfolio, with gold accounting for about 20%. He is optimistic about Ethereum, believing that in the upcoming bull market over the next 18-24 months, the rise of ETH will surpass that of SOL.
Regarding the price of Bitcoin, Hayes predicts that the target price for Bitcoin by the end of this year will be around $250,000, and it will reach $1,000,000 before the end of Trump's term (by the end of 2028).