JPMorgan strategists predict that the U.S. Federal Reserve will end its quantitative tightening (QT) program at the upcoming October FOMC meeting. The Fed has been reducing its balance sheet since June 2022, but current liquidity conditions may lead to a pause. Analysts believe that halting QT could enhance liquidity, reduce Treasury yields, and increase risk appetite, which may benefit Bitcoin. Bitcoin, currently trading around $108,900, has seen a 4.52% decline this month amid economic uncertainties and U.S.-China tariff tensions. Market expert Michaël van de Poppe highlighted that Bitcoin has been range-bound for six months and could potentially break out if the Fed alters its policy.