Arthur Hayes, former CEO of BitMEX, forecasts a peak in the crypto market by mid-March 2025. His analysis is grounded in US dollar liquidity trends, which he perceives as a significant driving force for market dynamics, including Bitcoin prices.

Arthur Hayes highlights the importance of liquidity from the Federal Reserve’s Reverse Repo Facility (RRP) and the US Treasury’s General Account (TGA). To avoid anticipated market corrections due to tightening liquidity, he advises investors to exit their positions by the end of Q1 2025.

Additional macroeconomic factors, like China’s credit policies and the Bank of Japan’s actions, could affect crypto prices. Hayes encourages cautious investment planning, urging strategic retreats as liquidity conditions shift, aligning with market predictions from analysts like Crypto Dan, who also sees a potential market peak by mid-2025.