Arthur Hayes Predicts Bitcoin Will Hold Above $80k as Fed Ends QT

BitMEX co-founder Arthur Hayes has again commented on what’s next for the Bitcoin price as the flagship crypto continues to trade within the $80,000 range. Hayes alluded to improving liquidity, indicating that the bottom was in for BTC and predicting that the $80,000 support would hold.

Hayes Reveals What’s Next For Bitcoin Amid Upcoming Fed Policy Change

In an X post, the BitMEX co-founder stated that he thinks BTC will hold above the $80,000 support, though he predicts the flagship crypto may see one last drop into the low $80,000 amid choppy price action. Hayes also raised the possibility of Bitcoin testing key resistances soon enough, but added that the “bazooka” in reference to a price surge would likely happen next year.

Meanwhile, He also noted minor improvements in liquidity, which is a positive for Bitcoin. The BitMEX co-founder alluded to the Fed ending quantitative tightening on December 1 by halting its balance sheet run-off. Hayes added that the U.S. banks also increased lending this month, which is likely also contributing to the improvement in market liquidity.

As CoinGape reported, Hayes had last week stated that the Bitcoin crash to as low as $81,000 was due to a decline in dollar liquidity. However, he expects the liquidity to still pick up before the year runs out, which is why he has predicted that the flagship crypto could still reach between $200,000 and $250,000 by year-end.

The BitMEX co-founder also recently stated that the bottom for Bitcoin is near. However, he urged market participants to wait for AI tech stocks to crash before going all in. Hayes expects that the U.S. Treasury and Fed will inject more liquidity into the market if that happens.

A Fed Rate Cut Doesn’t Matter

Arthur Hayes also suggested that Bitcoin’s recovery isn’t hinged on whether or not the Fed makes another rate cut this year. As CoinGape reported, there is still uncertainty around a potential third rate cut at the December FOMC meeting.

However, the BitMEX co-founder noted that BTC rallied from $16,000 to $100,000, and rates were much higher back then. He further remarked that the quantity of credit is more important than the price.

As such, he believes that the flagship crypto could hit a new all-time high regardless of the federal funds rate as long as the Fed does unlimited quantitative easing at the same time. However, it is worth noting that the end of quantitative tightening doesn’t automatically signal the beginning of quantitative easing, as the Fed has yet to comment on its plans for that.

Also Read: Top Crypto Presales In November 2025

Source: https://coingape.com/arthur-hayes-predicts-bitcoin-will-hold-above-80k-as-fed-ends-qt/