The Federal Reserve is set to conclude its quantitative tightening (QT) program in December, with potential plans to transition to quantitative easing (QE) to boost market liquidity. This policy shift could significantly affect Bitcoin, as the reduced liquidity from QT has been linked to the cryptocurrency's slower growth in the current cycle. While some analysts caution that ending QT could lead to a price crash similar to 2019, others believe the impact may differ due to less aggressive tightening and the current U.S. fiscal conditions. Analyst Sykodelic suggests the Fed's limited options make a prolonged bear market unlikely.