Arthur Hayes has indicated that the Federal Reserve's quantitative tightening is likely to conclude on December 1st, with this week's balance sheet reduction potentially being the last. Recent data shows an expansion in credit by US banks in November. Hayes anticipates Bitcoin will fluctuate below $90,000 in the near term, possibly dipping to the low $80,000 range, but expects $80,000 to act as a support level. He advises considering small-scale investments now, while reserving larger positions for next year.