Former BitMEX CEO Arthur Hayes has predicted a potential Bitcoin (CRYPTO: BTC) price peak in late March 2025, driven by a surge in dollar liquidity.
Liquidity Flowing Into The System Is Bullish
In his latest blog post from Jan. 7, Hayes argues that a complex interplay of U.S. Federal Reserve policy and Treasury actions will create a favorable environment for crypto gains in the first quarter before facing a possible correction.
Hayes highlights the current liquidity injections stemming from the depletion of the Fed’s Reverse Repo Facility (RRP) and the Treasury’s General Account (TGA).
According to Hayes, the RRP, “fallen to almost zero,” representing an injection of “$237 billion of dollar liquidity in the first quarter”.
He explains that combined with other factors, this results …
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