Quick Tips for the Perplexed:
- Trump’s deficit-slaying plans? Not so hot for crypto, says Lekker Capital’s Quinn Thompson. πβοΈ
- The White House will keep squeezing until the market yells “uncle” or the midterms get cozy. π©π³οΈ
- The worst part? It’s like watching paint dry, but with your wallet.
Bitcoin‘s slide may be just warming up. Crypto could be in for a 2022-style beatdown. π±π
βThink five figures, not six, by year-end,β Thompson predicts. A 50% haircut? Ouch. πββοΈπΈ
βIt’s not a crash, it’s a slow, painful descent. Like watching a snail race,β Thompson laments. ππ
Thompson’s been bearish for a while, calling White House crypto news “nothingburgers.” ππ
The Economy’s Unfortunate Quadruple Whammy
Thompson’s thesis? Trump’s policies = economic headwinds for the next nine months. π¬οΈπ«
Government spending cuts = fewer jobs. Thanks, D.O.G.E. ππΌ
Immigration crackdown = labour market woes. Good luck finding cheap help. π‘οΈπΌ
Tariffs = business uncertainty. Will they or won’t they? π€π’οΈ
The Fed’s not in a rush to save the day. Inflation’s a buzzkill. π¦π₯
When’s the Crypto Bottom?
With stocks and crypto feeling the pinch, expect a rocky year. ππ’
Trump’s not sweating a recession. That’s your cue to worry. π°π
Trump’s on a mission until his base says “enough!” Or until midterms, whichever comes first. π³οΈπ
βIt’s a controlled burn, but watch out for forest fires,β Thompson warns. π₯π²
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2025-03-31 22:28