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, โMarket no likey โLiberation 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. Donโt get chopped up!โ
BITCOIN PLUNGES AS GOLD SHATTERS RECORDS!
Whatโs happening in the crypto jungle? Bitcoin’s fortunes have taken a nose-dive down to a terrifying $82,000 while gold skyrockets past $3,150โthanks to global chaos triggered by President Trumpโs outrageous tariff blitz! This isnโt just a mere market correction; itโs 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, Trumpโs 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, thereโs more! According to the folks over at Glassnode, it looks like Bitcoin is finally showing signs of seller fatigue. Yet, donโt 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 correctionโteetering 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 Bitcoinโwhether it collapses into an abyss of extended turbulence or stabilizesโhangs by a thread until April 15. Thatโs right, tax day could be the moment of reckoning for the entire crypto landscape!
And hereโs 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, heโs eyeing a potential mega-rally in 2025 if the Fed unleashes quantitative easingโan 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!