Bitcoin’s D-Day: One Critical Level Could Determine Financial Fate Before Tax Deadline!

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CRYPTIC CHAOS: ARMAGEDDON LOOMS OVER BITCOIN AS TRUMP TARIFFS SHOCK THE MARKET!

Brace yourselves, crypto fans! The ghost of volatility is back from the dead, and former BitMEX CEO Arthur Hayes, the oracle of Bitcoin, just dropped a bombshell warning for all traders! In a fiery post on X, he sent shockwaves through the digital currency world, declaring, โ€œMarket no likey โ€˜Liberation Day!โ€™ If $BTC can hold $76.5k between now and the dreaded US tax day on April 15, then we are out of the woods. Donโ€™t get chopped up!โ€

BITCOIN PLUNGES AS GOLD SHATTERS RECORDS!

Whatโ€™s happening in the crypto jungle? Bitcoin’s fortunes have taken a nose-dive down to a terrifying $82,000 while gold skyrockets past $3,150โ€”thanks to global chaos triggered by President Trumpโ€™s outrageous tariff blitz! This isnโ€™t just a mere market correction; itโ€™s a full-on upheaval!

Unleashing a 10% tariff on all countries starting April 5, with jaw-dropping rates of 34% on China, 20% on the EU, and 24% on Japan, Trumpโ€™s Rose Garden bombshell sent financial markets reeling! Initially, crypto was soaring like an eagle in the sky, but reality hit hard, and prices spiraled downward. Bitcoin peaked at a phenomenal $88,500 before plummeting to a shocking $82,200! Ethereum, not to be outdone, tanked from $1,934 to a heartbreaking $1,797, dragging the total crypto market cap down by a staggering 5% to $2.7 trillion!

SELLERS ARE EXHAUSTED, BUT IS THE RECOVERY A PIPE DREAM?

But wait, thereโ€™s more! According to the folks over at Glassnode, it looks like Bitcoin is finally showing signs of seller fatigue. Yet, donโ€™t pop the champagne just yet! A true bullish resurgence is as elusive as a unicorn. Bitcoin, having reached its record peak of $109K in January, is stuck in a purgatory of correctionโ€”teetering between $76K and $80K, grappling to find its footing while on-chain indicators signal a potential catastrophic downturn!

THE CLOCK IS TICKING: APRIL 15 COULD BE DOOMSDAY!

Hayes warns: the fate of Bitcoinโ€”whether it collapses into an abyss of extended turbulence or stabilizesโ€”hangs by a thread until April 15. Thatโ€™s right, tax day could be the moment of reckoning for the entire crypto landscape!

And hereโ€™s the kicker: Hayes is still clinging to hope! He boldly claims Bitcoin could soar past an astronomical $250,000 by the end of the year, fueled by an avalanche of fiat currency circulating in the wild. Not to mention, heโ€™s eyeing a potential mega-rally in 2025 if the Fed unleashes quantitative easingโ€”an injection of liquidity that could turn the tides!

Buckle up, crypto warriors! The drama is far from over, and every moment counts in this wild roller coaster of digital assets! Hold tight, because volatility never sleeps!

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Source: USD @ Fri, 4 Apr.