Arthur Hayes Predicts Bitcoin to Reach $200,000 by March 2026 Amid Fed's Reserve Management Purchases
Bitcoin billionaire Arthur Hayes has forecast that Bitcoin could reach $200,000 by March 2026 before settling into a trading range and ending the year between $80,000 and $100,000. Hayes attributes this potential rise to the Federal Reserve's Reserve Management Purchases (RMP), which he refers to as a form of quantitative easing enabling money printing and asset inflation benefiting Bitcoin.
Hayes explained that RMP was discussed at the Federal Open Market Committee's (FOMC) latest meeting and only entered his vocabulary on December 10. He highlights John Williams, president and CEO of the Federal Reserve Bank of New York and vice chair of the FOMC, as maintaining a continued money-printing stance.
Earlier, Hayes had predicted Bitcoin could hit $250,000 by year-end driven by money printing, but his updated outlook envisions a range-driven price path instead. In the new year, he expects Bitcoin to quickly retake $124,000 and move toward the $200,000 mark. March 2026 is identified as the peak for RMP-driven price spikes, followed by a local bottom remaining well above $124,000.
At the time of Hayes's commentary, Bitcoin was trading around $88,000, approximately 30% below its all-time high of $126,080. Meanwhile, CryptoQuant suggested that Bitcoin had entered a bear market based on market factors beyond price on the same day.
Separately, Hayes endorsed Ethena's ENA token as an interesting traditional finance versus crypto USD rates play.
