Bitcoin’s “Black Monday” Warning: Is Crypto Doomed? 🤔

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What are crypto enthusiasts doing this weekend? Probably not touching grass, that’s for sure. 🌱 Nope, they’re too busy hyperventilating over the possibility of a “Black Monday” for Bitcoin. Because, you know, that’s how you relax on a Sunday. 🥴

Arthur Hayes, the former CEO of BitMex and self-appointed prophet of doom, is out here dropping ominous tweets like he’s auditioning for a role in a crypto-themed horror movie. 🎬 His big question: “Are we repeating Black Monday?” Spoiler alert: He doesn’t know. But hey, why not scare everyone anyway? 🤷‍♂️

Fam, are we repeating Black Monday? SPX futs open at 6am GMT+8. Where does SPX open for Asia morning trading? $BTC hasn’t done much over the weekend to tell us which way things will shake out.

— Arthur Hayes (@CryptoHayes) April 6, 2025

Oh, and let’s not forget the time zones! Because nothing says “financial apocalypse” like trying to figure out what time it is in Asia when the U.S. market opens. 🕒 Bitcoin, meanwhile, is just chilling over the weekend, doing absolutely nothing to give us a clue. Thanks, Bitcoin. 🙄

Hayes’ analysis? It’s basically “fog of war” meets “wait and see.” Groundbreaking stuff. But hey, at least there’s a deadline for when traders will have to face reality. Because nothing says “fun” like a countdown to potential financial ruin. 🎉

The last “Black Monday” was in March 2020, and it was a real doozy. Some analysts are saying this one could be even worse. Great. Just what we needed. Another reason to stress-eat an entire pizza. 🍕

So, as tomorrow approaches, remember: some Black Mondays are just blips, while others are the start of a full-blown crisis. Either way, buckle up. It’s gonna be a bumpy ride. 🚀

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2025-04-06 15:33