Bitcoin could hit $126K driven by AI race and liquidity, says BitMEX co-founder Arthur Hayes.

Arthur Hayes, co-founder of BitMEX, predicts Bitcoin will reach $126,000, citing the global competition in artificial intelligence between the US and China as a key driver. He argues that increased government spending and liquidity, fueled by AI and tech rivalry, will support Bitcoin's growth. Hayes believes surpassing $90,000 will trigger short sellers to buy back, pushing prices higher. Current market data shows a steady rally without panic buying, suggesting a structurally sound bullish trend that could continue to grow.