‘Time To Sell’—Serious Bitcoin Price Crash Warning Adds To Crypto Sell-Off

Bitcoin and crypto prices have fallen sharply along with stock markets—pushed lower by Tesla billionaire Elon Musk issuing a surprise bitcoin price warning.

Bạn đang xem: ‘Time To Sell’—Serious Bitcoin Price Crash Warning Adds To Crypto Sell-Off

Unlock over $3,000 in NFT, web3 and crypto perks — Apply now!

The bitcoin price, which topped $100,000 per bitcoin earlier this week, plummeted to around $92,000 despite a Wall Street investment bank making a massive bet on a bitcoin game-changer.

Now, as the bitcoin and crypto market braces for an “imminent” Elon Musk X bombshell, the legendary crypto investor Arthur Hayes has predicted the bitcoin price and crypto market will crash in late March.

Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run

Xem thêm : European MP Argues for Bitcoin Strategic Reserve, Says No to Digital Euro

ForbesLeak Reveals Serious China 2025 Warning—Predicted To Blow Up The Bitcoin PriceBy Billy Bambrough

“Right on schedule, just like almost every other year, it will be time to sell in the late stages of the first quarter … and wait for positive fiat liquidity conditions to re-emerge in the third quarter,” Hayes, a cofounder of bitcoin and crypto derivatives pioneer BitMex who went on to set up the Maelstrom investment fund, wrote in a blog post.

The bitcoin price and crypto market rallies though periods in which dollar liquidity increases and falls as dollar liquidity declines, according to Hayes, who had previously predicted the bitcoin price would collapse around incoming U.S. president Donald Trump’s inauguration.

“I still believe that is a potential negative factor that could weigh upon the market in the short term, but against that, I must balance the dollar liquidity impulse,” Hayes wrote. “Bitcoin, for now, jukes and jives as the pace of dollar emissions changes.”

According to Hayes, the Treasury’s general account will be close to being emptied towards the end of the first quarter, exacerbated by the U.S. approaching the debt ceiling and the April 15 tax payment deadline.

Xem thêm : Ohio Lawmaker Proposes Bitcoin Reserve Act HB 703 To Protect State Funds

The bitcoin price has fallen this week as traders reevaluate the 2025 outlook for Federal Reserve interest rate cuts in light of the latest robust data showing the U.S. economy has remained strong.

Sign up now for CryptoCodex—A free, daily newsletter for the crypto-curious

Forbes‘X Money’ Leak Reveals Elon Musk’s Game-Changing Plan As Bitcoin Nears $100,000 PriceBy Billy Bambrough

“The Trump-dump that some had anticipated taking place after his inauguration as U.S. president has seemingly been fast-tracked as the cryptocurrency market dives deep into the red zone,” Petr Kozyakov, the chief executive of crypto payment platform Mercuryo, said in emailed comments.

In December, Trump confirmed he plans to establish a U.S. bitcoin strategic reserve. “We’re gonna do something great with crypto because we don’t want China, or anybody else … but others are embracing it, and we want to be ahead,” Trump told CNBC.

“Markets are no longer euphoric over bitcoin entering a new age where even the U.S. will hold a strategic bitcoin reserve. Instead, bitcoin’s role as an ultra risk-on, risk off asset has surfaced once again amid signs that the U.S. Federal Reserve may keep interest rates elevated for longer than previously expected.”