BitMEX co-founder Arthur Hayes is optimistic about Bitcoin's (CRYPTO:BTC) future, dismissing concerns of the crypto bull market ending.

He attributes his confidence to ongoing U.S. government spending and expansive monetary policies, which he believes will propel Bitcoin to new heights in this market cycle.

Hayes contrasts historical economic trends, noting that current conditions favor assets like Bitcoin due to sustained credit expansion and fiscal deficits.

He emphasises the importance of monitoring commercial bank credit creation as a key indicator influencing Bitcoin's value amid loose fiscal and monetary policies.