Overview
- Hayes forecasts Bitcoin will trade between $80,000 and $100,000 near term, then reclaim $124,000 and potentially advance toward $200,000 in 2026 if markets equate RMP with quantitative easing.
- The Fed began Reserve Management Purchases after the December meeting, targeting up to $40 billion in Treasury bill purchases within 30 days.
- He argues the program buys bills from money‑market funds that redeploy proceeds into longer Treasuries or repo, indirectly boosting liquidity and financing deficits.
- On‑chain firm CryptoQuant warns Bitcoin could still slide toward roughly $56,000 if demand growth stays weak, with intermediate support around $70,000.
- Signaling a positioning shift, Hayes says he is rotating out of ETH and into select DeFi assets he believes could outperform as fiat liquidity improves.