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BitDegree 2024-04-09 10:27:50

Arthur Hayes Predicts Bitcoin Downturn Around Halving Event

Key Takeaways Arthur Hayes predicts a potential downturn for Bitcoin around the upcoming halving event, contrary to the commonly bullish expectations; Economic factors such as US tax payments and Federal Reserve policies may exacerbate market volatility and liquidity issues; Hayes advises caution in trading from mid-April to early May, highlighting a critical period for the crypto market amidst these challenges.

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