Bitcoin analyst predicts Bitcoin's bullish trend will continue if it maintains key support level. Learn about the impact of US tariffs and Federal Reserve policies on digital currencies.
Arthur Hayes, the co-founder of BitMEX, believes that if Bitcoin (BTC) can maintain the $76,500 support level until April 15th (US tax day), its bullish trend will resume. Hayes also stated that the tariffs imposed by Trump known as Freedom Day lead the Federal Reserve to embrace quantitative easing (QE) policy, historically beneficial for digital currencies. He added that the weakening US dollar will benefit Bitcoin and gold in the mid-term.
