New Bitcoin Price $80k Low Was Bottom, Thinks Arthur Hayes 2025
Bitcoin found its latest floor when it dropped to nearly $80,000 last week, the latest BTC price prediction by ex-BitMEX CEO Arthur Hayes said.
Bitcoin should have bottomed out at $80,000 last week, according to former BitMEX CEO Arthur Hayes.
Liquidity conditions are poised to turn in the crypto bulls’ favor, with the US Federal Reserve set to end QT.
The buzz around future Fed rate-cut moves remains highly volatile.
Bitcoin (BTC) should retain $80,000 support as US liquidity conditions change to boost crypto bulls.
In his latest X content, Arthur Hayes, former CEO of crypto exchange BitMEX, predicted an inbound BTC price recovery.
Bitcoin fell more than 35% from all-time highs as it hit its latest floor of $80,500 last week, but for Hayes, the worst is now over.
The reason, he told X followers, is US liquidity trends. The Federal Reserve is due to end its latest quantitative tightening (QT) phase next month — its balance sheet will stop shrinking, ushering in more liquidity for crypto and risk assets.
Hayes predicted that the Fed’s balance sheet should stop shrinking after this week, while noting that bank lending went up in November.
For crypto, the knock-on effect should be clear: a classic rising tide of liquidity that lifts Bitcoin and altcoins.
Source: CoinTelegraph
