Arthur Hayes predicts Bitcoin peak in March 2025, but warns of… – BitRss

• BTC could stall at the end of Q1 due to limited US liquidity. 
• The US debt ceiling debate could drive extra volatility in January. 

Bitcoin [BTC] and the overall crypto market could follow the 2024 trend and top out in March before entering an extended correction.

According to Arthur Hayes, Co-Founder of BitMEX and CIO at crypto VC Maelstrom, the local top in March will be driven by the Fed’s ongoing quantitative tightening (QT) alongside tax season in early April. 

Hayes added that both developments would be a net negative for US liquidity, stalling risk on assets like BTC. In his latest blog, he wrote, 

“My prediction is that the market peaks in mid to late March, so this equates to a removal of $180 billion worth of liquidity due to QT from January to March.” 

US debt ceiling risk

Another risk factor Hayes raised was the US debt ceiling, which currently stands at $31.5 trillion unless Congress raises it. The US Treasury could borrow again and drain extra market liquidity if revised upwards. He added, 

“Once default and shutdow…