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Bitcoin Price Prediction: Hayes Sets $500K Target as Strategy Buys $2.54B and Pepeto Nears Listing
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This story was originally published on HackerNoon at: https://hackernoon.com/bitcoin-price-prediction-hayes-sets-$500k-target-as-strategy-buys-$254b-and-pepeto-nears-listing.
Bitcoin turns bullish as Arthur Hayes predicts $500K and Strategy buys $2.54B BTC. With ETF inflows rising, is BTC heading for a major breakout?
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Bitcoin is gaining bullish momentum after Arthur Hayes predicted a $500,000 price target and Strategy purchased $2.54B worth of BTC, pushing holdings past 815,000 coins. Trading near $77K, BTC faces resistance at $80K with near-term targets up to $90K. Strong ETF inflows and institutional demand support the rally, though major gains may take time due to Bitcoin’s large market cap.