Bitcoin at $64231.53 draws fresh attention as Lawrence Lepard predicts third Fed expansion, targeting $180K within two years amid bearish 4h signals.

Warsh: Fed balance sheet reduction won't take 18 weeks. AI deflation thesis challenges 1978 models, with BTC positioned for lower rates.

According to @charliebilello, the Federal Reserve’s balance sheet has shrunk 24% over the past three years while the S&P 500 has advanced 82%, indicating the SPX rally has persisted during quantitative tightening, not QE, source: @charliebilello on X, Dec 7, 2025. He adds this dispels the myth that the stock market is dependent on QE to rise, a data point equity traders can use when evaluating SPX trend drivers in a QT environment, source: @charliebilello on X, Dec 7, 2025.

According to @cryptorover, Deutsche Bank expects the Federal Reserve to begin growing its balance sheet in Q1, implying a shift toward quantitative easing that could add liquidity to markets. According to @cryptorover, this is viewed as bullish for crypto risk assets, with potential upside implications for BTC and ETH as liquidity conditions improve.