In a recent statement, renowned financial analyst Arthur Hayes emphasized that the *altcoin market* could experience significant growth if Bitcoin surpasses the $110,000 mark. He suggests that a surge towards the $150,000 to $200,000 range, supported by rising trading volumes, may likely occur during the summer or early third quarter of this year. Hayes believes that this price movement would subsequently trigger a *capital rotation* into various altcoins.
Additionally, Hayes shares that his investment strategy includes allocating around 20% of his portfolio into gold, highlighting a diversified approach amidst market volatility. He further predicts that within the next 18-24 months, the price trajectory of Ethereum (ETH) could potentially outpace Solana (SOL) as the bull market continues. Moreover, he maintains an ambitious long-term outlook for Bitcoin, forecasting a price target of $1 million by the end of Trump’s term in 2028 and suggesting a year-end price target of approximately $250,000 for Bitcoin.