BTSE COO Jeff Mei: Bitcoin Could Hit $98,000 With Fed Liquidity, $70,000 if Rates Hold

Jeff Mei said on December 25 that Bitcoin could fall to $70,000 and Ethereum to $2,400 if the Federal Reserve holds rates through Q1 2026, according to Cointelegraph. He added that BTC could rise to $92,000–$98,000 and ETH to $3,600 if the Fed continues its Reserve Management Purchases—about $40 billion in monthly Treasury buying—often dubbed “stealth QE.” Mei also cited over $50 billion in ETF inflows and ongoing institutional accumulation as key supports.