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Lekker Capital founder: Bitcoin may fall below $60,000 this year
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2025-04-01 04:03 1,590
"I expect Bitcoin prices to return to the 5 mark by the end of this year," said Quinn Thompson, founder of cryptocurrency hedge fund Lekker Capital, in an interview with CoinDesk. "The 5 mark" means that the price of Bitcoin is between $50,000 and $59,999, which means that BTC will fall by about 50% compared to the peak of just above the $109,000. Thompson believes that various Trump administration policies could damage the U.S. economy in the next six to nine months, and the cryptocurrency industry is unlikely to perform well this year as risky assets such as stocks and Bitcoin face such great resistance. He said the White House doesn't seem to be too worried about a potential recession, which is also a strong signal. "I liken this to a controllable burn, where they try to remove the bush purposefully so that the problem doesn't get bigger. But sometimes controllable burns turn into forest fires, and I think it's going to be a long and hard struggle in their attempts to implement these policies."
Keywords: Bitcoin
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