🤑🤑🤑The crypto market is losing momentum and confidence!!!🤑🤑🤑
The price of Bitcoin could drop to $59,000 by the end of 2025 — this forecast was made by Quinn Thompson, head of the cryptocurrency hedge fund Lekker Capital. According to him, the current decline is not just a correction, but the beginning of a long and unpleasant trend that resembles a slow loss of blood: not fatal immediately, but painful and exhausting.
"I could see us returning to the 'five' by the end of the year," Thompson said in an interview with CoinDesk. The 'five' refers to the range between $50,000 and $59,999, which means a drop of nearly half from the peak price just above $109,000, reached only a few months ago. This is not just a number on a chart, but a serious signal for the market, which has yet to determine whether it is still bullish or not.
The key reason for such a forecast is the change in the political and economic climate in the U.S. Elon Musk, who leads the DOGE initiative (Department of Government Efficiency), announced plans to cut government spending by $1 trillion by the end of May. In the long term, this is a reduction of 15% in annual government expenditures, or about $7 trillion. Such a policy leaves no room for economic stimulus, which means less 'easy' money, fewer investments in risk assets, including cryptocurrencies.
Add to this the Federal Reserve's tough stance. Despite the rate being lowered to 4.25%–4.5% by the end of 2024, this was not enough to push Bitcoin back to its highs. Thompson expects another decrease — somewhere in the range of 25–75 basis points in 2025, but closer to the second half of the year. Therefore, in the short term, the market will remain uncertain.
For crypto enthusiasts, this is a period that requires not so much technical analysis as patience. We are entering a phase where 'buy the dip — sell the peak' does not work by the usual logic. The market is changing, and those who manage to understand this will gain an advantage. Not emotions, but strategy. Not faith in hype, but the ability to adapt. Perhaps the coming months will not bring profits. But they will definitely show who is here for the long haul.
