BitMEX co-founder Arthur Hayes is making another bold Bitcoin price prediction, stating that BTC will surge to $110,000 before pulling back to $76,500. According to a March 24 X post, Hayes attributes this outlook to the Federal Reserve’s pivot from quantitative tightening (QT) to quantitative easing (QE) for U.S. treasuries.
He suggests that inflation concerns are now seen as “transitory,” and the Fed’s easing stance could fuel a Bitcoin rally. Notably, prediction market Polymarket has assigned a 100% probability to the Fed ending QT by April 30, reinforcing speculation that liquidity injections could drive risk assets like crypto higher.
I bet $BTC hits $110k before it retests $76.5k.
Y? The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause “transitory inflation”. JAYPOW told me so.
I’ll expound on that in my next essay, that’s the TLDR for your TikTok peanut brain.
— Arthur Hayes (@CryptoHayes) March 24, 2025
Hayes’ Changing Market Perspectives and Crypto Impact
Hayes has a history of adjusting his market outlook based on evolving conditions. In September 2024, he retracted an earlier Bitcoin forecast, admitting he misjudged short-term market direction. More recently, on Feb. 25, he warned that Bitcoin could fall to $70,000 if large hedge funds liquidate their positions in spot Bitcoin ETFs. However, by March 20, he revised his stance, suggesting Bitcoin had bottomed at $77,000 and was set for an uptrend. This fluid approach highlights the volatile nature of crypto markets and the importance of macro trends like monetary policy shifts.
Will the Fed’s Policy Pivot Trigger a Bitcoin Bull Run?
With the Federal Reserve potentially ending QT soon, market participants are closely watching Bitcoin’s reaction. Analysts speculate that increased liquidity could drive BTC higher, aligning with Hayes’ prediction of a $110,000 peak before a correction. If the Fed maintains an easing stance, institutional demand for Bitcoin could strengthen, fueling a broader crypto bull run. For real-time crypto market analysis, Bitcoin trends, and expert insights, visit TheCoinInfo.
