Arthur Hayes, co-founder of BitMEX, has expressed concern over Bitcoin’s price staying above $76,500 before April 15th. This warning comes as the market awaits Donald Trump’s planned tariff rollout on ‘Liberation Day,’ April 2nd. Despite his earlier prediction that Bitcoin would reach $250,000 by year-end, the cryptocurrency currently trades at around $83,253, reflecting a substantial drop from its December 2024 peak of $109,079. Hayes has repeatedly tied macroeconomic events to crypto market fluctuations. In March 2023, he predicted Bitcoin’s surge past $30,000 after regional bank failures, which led to an 80% rally over three months. Now, Hayes warns that tariffs are causing uncertainty among traders, as $150 million in Bitcoin has been liquidated since April 2nd. His long-standing prediction of Bitcoin hitting $250,000 is linked to weakening dollar and anticipated Fed rate cuts. This trend mirrors the Bitcoin bull run of 2021, which peaked at $69,000 during a period of stimulus. Traders are closely watching the critical $76,500 threshold as a potential trigger for market movements. Trading_Axe on X echoes this sentiment, stating that overly bearish market sentiment may indicate a significant rally is underway. The Bitcoin market currently navigates its final stages of a bull cycle marked by volatility and the possibility for substantial gains before entering a bear market. Traders are referencing past bull market periods to identify potential profit opportunities. Hayes’ prediction of a Bitcoin rally in late March was influenced by the Federal Reserve’s quantitative tightening and liquidity adjustments, including a $180 billion withdrawal from the balance sheet, offset by adjustments to the Reverse Repo Program that inject $237 billion, leading to a net increase of $57 billion in Q1 2025. To stay informed on market developments like this, visit DeFi Planet and follow us on X, LinkedIn, Facebook, Instagram, and CoinMarketCap Community for more updates.