Analyst Arthur Hayes predicts a possible fall in Bitcoin before and after the halving.

Analyst Arthur Hayes predicts a possible fall in Bitcoin before and after the halving.

Market analyst Arthur Hayes does not rule out that the price of Bitcoin will be at risk of collapse in the near future. The expert warns about such a scenario in a new entry on his blog. The forklog portal draws attention to the specialist’s forecast. The deciding factor is the upcoming Bitcoin halving, which will happen in a few days.

Hayes is convinced that immediately after the halving there will be a correction in BTC. At the beginning of the year, Hayes predicted that the cryptocurrency market would crash in March due to the poor economic situation in the United States. This event did not happen. The American believes that the market decline is only delayed due to unforeseen bullish events.

Investor interest in spot Bitcoin ETFs and subsequent massive speculation in meme cryptocurrencies led to significant market growth in March.

Hayes is convinced of the positive effect of halving. However, this effect will only become apparent after some time. The specialist expects prices to fall in about a week (April 19), and so now he wants to sell his Bitcoins and then buy BTC again at a lower price.

So, the 39-year-old trader expects unpredictable volatility in the cryptocurrency market, which could lead to unexpectedly high losses. Therefore, he wants to leave the crypto market by May and no longer trade digital coins.

📈 #CryptoMarket Rebounds After US CPI Data! 🚀 #Bitcoin, #Ethereum, and #Toncoin Lead the Way! 💥 #XRP, #Solana, #BNB, and #Dogecoin Also Show Positive Dynamics! 🌐 #Cryptocurrency #Investment #Trading