The co -founder of Bitmex Arthur Hayes warns that Bitcoin (BTC) is looking into a wall of anxiety this month amid uncertainty in the market.
In a new interview on YouTube Crypto Banter, Hayes He says US President Donald Trump’s tariff on April 2 can have permanent effects on the markets this month, after it provokes a huge sale.
“April will be a difficult month. We have this definition.
Thus people think, well, well, Nasdak decreases, so bitcoin decreases. I think Bitcoin will do more like gold, but it will take some time for the market to give up this link between Nasdak and Bitcoin. ”
It also says that wild price fluctuations can occur on April 15th, the day of taxes in the United States, because some investors sell assets to help pay their tax bills.
“You have taxes that people in the United States pay on April 15. This is a negative event of liquidity, because people must sell things to pay their taxes.”
Hayes says another factor that may affect Bitcoin this month is the monetary policy of the Ministry of Treasury, which may affect the supply of money in the market. Bitcoin tends to gather if the market liquidity increases based on a historical precedent.
“It is not clear whether the Treasury Ministry will fill its account in verification …
Once the debt ceiling is solved, and the question will be solved, does the cabinet say, “Well, I need to issue more bonds, or absorb liquidity from the system, and raise my balances to saying $ 700 or 800 billion dollars.” We do not know. We will discover this in early May when the separate recovery declaration comes out of the treasury around their goal of their monetary meteorology. “
Finally, Hayes says the main encryption assets may begin to gather again if Bitcoin can get $ 76,500 as support this month amid all fluctuations.
“April will be a lot of uncertainty. [saying] There will be this global recession, change in critical arrangement, all of these types of things. So I think it will be very intermittent, and it is volatile a month. Obviously, I hope it is $ 76,500. I think it will. But I think we will approach this. ”
Bitcoin is trading for $ 84.014 at the time of writing this report, an increase of 1.7 % in the past 24 hours.
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