The price of bitcoins has experienced such mighty pressure and volatility down that many start consider that bears could start. While some analysts hope to reverse prices up, others provide for a further failure to $ 70,000, eliminating almost all profits achieved after Electoral rally in the USA.

Popular cryptographic analyst and co -founder of Bitmex Arthur Hayes common Bears Bitcoin price forecasts. Hayes designs a Further division of Bitcoin valuesuggesting the next drop from 70,000 to 75,000 USD.

Bitcoin price share up to USD 70,000

The founder of Crypto divided the 2-hour Bitcoin price chart from Bitmex, explaining how the pioneering cryptocurrency can experience this inheritance and citing macroeconomic factors associated with the President of the United States (USA) Donald Trump As a trigger of this price payment.

Hayes suggests that the market is entering the cooling phase, characterized by potential withdrawal to pre -election liquidity levels. The cooling phase is a period when the cryptocurrency price decreases and consolidates when the market is trying to stabilize. It usually appears after the experience of cryptocurrency Explosive price enhance.

Looking at his price chart, the co -founder of Bitmex pointed out demand zone Around the blue area from 76,000 to 65,000 USD. This price range serves as a key support area, in which traders expect significant purchasing percentage, sufficient to prevent further drop in prices.

Hayes thinks the price of Bitcoin is possible Disappear to USD 70,000 It is based on Trump’s budget and a decision on debt ceiling. He suggests that if Trump does not have a budget that increases expenses and increases the debt ceiling, further market surrender may take place. This means that the market can pass Speedy sale of a vast number of investorsBy causing panic, which can lead to a further decrease in the price of bitcoins.

In addition, if Trump’s influence on the Republican party weakens, Hayes indicates that market uncertainty may enhance, potentially causing a continuation The current deterioration of the Bitcoins economic situation. In addition, the reduction of the debt ceiling may negatively affect the liquidation of the market and fuel more price fluctuations.

In general, Haye bears for Bitcoin are associated with Trump’s fiscal influences. The co -founder of Bitmex suggests that for now the market can “rest, go back and wait.”

3-day BTC ratings highest than the FTX accident

According to Metatery, a recent 3-day decrease At the Bitcoin price, it is the highest disaster, such as FTX Fiasco in 2022. In the first three days of this week, Bitcoin registered a value by 12.6%, which reduced to the current price of USD 86,227.

The metaera revealed that the universal sale of the market can be assigned negative fondness And disappointment with the lack of quick actions of President Trump regarding his promises for the cryptographic community. Before the election, Trump pointed to great interest in creation National Bitcoin Reserve and exacerbation of Fiat liquidity conditions. Without a mention of plans for these key initiatives, uncertainty is approaching, which leads to weakened market moods.

A distinguished picture from Adobe, chart from TradingView.com