Arthur Hayes: bitcoin has reached the bottom and will only grow in the future

Arthur Hayes, co-founder of BitMEX and one of the most famous crypto market analysts, said that Bitcoin BTC $90,724.34 Mezo Wrapped BTC 4.83% Market capitalization $43.26 million VOL. 24 hours $2.34 billion has reached its bottom and may soon begin a new stage of growth. The entrepreneur noted in his posts on the X platform that he plans to gradually resume buying BTC, given the «improvement in macroeconomic liquidity.»

According to Hayes, the US Federal Reserve will end its quantitative tapering policy on December 1, and commercial banks increased lending in November, signals that he sees as prerequisites for improving money supply. «We might still see a short dip below $ 90,000, maybe even to around $ 80,000, but I think $ 80,000 will hold. I’ll start buying gradually, but I’m saving the real volumes for the new year,» he said.

Looking ahead to 2026, Hayes predicts a new wave of money issuance in the United States, which, in his opinion, will drive growth for Bitcoin, Ethereum, and the altcoin market in general. «If the Republicans want to have a chance to win the midterm elections in November, they will print money to finance weapons, rare earth resources, and artificial intelligence. This is a political necessity. And that’s when the moment will come for investors who can already deploy capital before the big growth cycle of 2026,» he explained.

Hayes emphasized that Bitcoin remains the most effective asset in periods of fiat currency devaluation, as it has outperformed most traditional instruments since 2009. «I don’t have to choose stocks. I just choose Bitcoin, and it already provides an advantage over most markets,» he said.

Separately, Hayes expressed confidence in the further growth of Ethereum ETH $2,996.84 Bridged Ether (StarkGate) 3.14% Market capitalization $78.47 million VOL. 24 hours $1.11 billion , which, according to him, will become the main public blockchain platform for traditional financial institutions (TradFi). «Banks are actively considering options for launching stablecoins and DeFi projects, and Ethereum is likely to be their choice. I expect the price of ETH to reach between $ 10,000 and $ 20,000 in the current cycle,» Hayes summarized.