Arthur Hayes predicts Bitcoin may dip below $80K before the Fed ends QT on Dec 1. Market liquidity shows early signs of improvement.
By Bhushan Akolkar
Editor Hamza Tariq
Updated
2 mins read
BitMEX co-founder Arthur Hayes says macro liquidity trends are showing early signs of improvement.
Hayes believes that this could probably lead to a Bitcoin BTC $86 882 24h volatility: 0.4% Market cap: $1.73 T Vol. 24h: $73.45 B price recovery, while staying confident that liquidity conditions would improve after the US Federal Reserve ends quantitative tightening (QT) on December 1.
Crypto industry veteran Arthur Hayes noted that Bitcoin may continue to trade below the $90,000 level in the near term.
He also flagged the possibility of one final BTC price move toward the low-$80,000 range. However, he believes the $80,000 level is likely to hold as support.
minor improvements in $ liq:
– fed qt stops dec 1, this wed will prob be last fall in b/s
– us banks increased lending in novwe chop below $90k, maybe one more stab down into low $80k's but i think $80k holds. might start nibbling, but leave the bazooka until the new year
— Arthur Hayes (@CryptoHayes) November 24, 2025
Despite the pullback, Hayes indicated he is considering small accumulation but plans to delay larger purchases until early next year.
Hayes says macro liquidity trends are showing early signs of improvement, while highlighting two key developments.
The first is that the U.S. Federal Reserve is scheduled to halt quantitative tightening on December 1.
The other big improvement is that U.S. banks increased lending activity in November. Both hint at greater liquidity, which could benefit risk-on assets like BTC and digital assets.
In a similar prediction, market research firm Swissblock noted a sharp decline in its “Risk-Off Signal,” indicating that the most intense phase of selling may have passed.
The firm added that any remaining weakness is likely to appear as a smaller, secondary wave, potentially signaling seller exhaustion. This ultimately signals a shift towards buying momentum ahead.
As per data from CoinShares, digital asset investment products recorded US$1.94 billion in outflows last week, extending the four-week total to US$4.92 billion. This marks the third-largest continuous outflow period since 2018.
Bitcoin accounted for the largest share, with US$1.27 billion exiting the asset during the week, amid the BTC price correction.
However, the report noted a partial reversal on Friday, when the asset saw US$225 million in inflows.
Last week, BlackRock Bitcoin ETF saw record outflows, leading the pack. The early trading hours on Monday, November 24, show that the fund continues to bleed further.
BlackRock just deposited another 2,822 $BTC($243.59M) and 36,283 $ETH($101.72M) to #CoinbasePrime.https://t.co/qmuDIrPHc6 pic.twitter.com/cAFKd0xDCY
— Lookonchain (@lookonchain) November 24, 2025
Ethereum ETH $2 847 24h volatility: 0.3% Market cap: $344.85 B Vol. 24h: $26.05 B also faced significant pressure, with US$589 million withdrawn. Last week, the altcoin saw outflows representing 7.3% of its total assets under management (AuM).
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
