Arthur Hayes says he is not buying more Bitcoin for now. He is waiting for the Federal Reserve to st

Arthur Hayes: No Bitcoin Buying Until the Fed Prints—$250K Still in Play for 2026

Arthur Hayes is staying patient—and staying out of the market for now. In a recent podcast, the BitMEX co-founder reiterated his long-term bullish case: Bitcoin at $250,000 by end of 2026. But he's not buying yet. His trigger? The Fed needs to ease policy and fire up the money printer again.

Hayes pushed back on the "war is good for Bitcoin" narrative. What actually moves the needle, he says, is "money printing." And right now, he's worried that ongoing Middle East tensions could spark a sell-off in both stocks and crypto—possibly triggering a liquidation cascade that sends Bitcoin below $60,000. (It's currently at $69,926, 45% off its $126K peak.)

His take: the real entry point comes when the Fed prints to fund military spending or calm markets. Until then, he waits.