Arthur Hayes Calls Fed RMP “QE in Disguise” for Bitcoin
BitMEX co-founder Arthur Hayes called the Federal Reserve’s Reserve Management Purchases (RMP) program “QE in disguise,” predicting renewed liquidity will drive Bitcoin higher.
Summary
- Arthur Hayes says the Fed’s RMP program functions like quantitative easing.
- He expects Bitcoin to trade between $80K–$100K before breaking above $124K.
- Hayes predicts renewed liquidity could push Bitcoin toward $200K in 2026.
The Maelstrom Fund CIO expects Bitcoin (BTC) to trade between $80,000 and $100,000 near-term before reclaiming $124,000 and potentially targeting $200,000.
Hayes published his analysis in a December 19 essay titled “Love Language,” arguing that…




