Arthur Hayes: The Federal Reserve's quantitative tightening policy will end on December 1st, and the $80,000 support level for Bitcoin will hold.

Arthur Hayes posted on the X platform that liquidity has improved slightly, the Federal Reserve's quantitative tightening (QT) policy will end on December 1st, and this Wednesday may be the last decline in the balance sheet. In addition, US banks increased lending in November. He believes that the price of Bitcoin will fluctuate below $90,000, and may retest the lower end of the $80,000 range, but the $80,000 support level will hold.