Arthur Hayes: The major trend of Bitcoin remains unchanged
Arthur Hayes posted on the X platform, stating that until the U.S. tax deadline of April 15th, the trends of Bitcoin and gold remained synchronized over this weekend. Also during this weekend, as tensions escalated between Israel and Iran, Bitcoin prices plummeted while gold was coincidentally closed for trading. By Monday of this week, there were no fluctuations in gold after it opened for trading but Bitcoin fell again. The overall trend of Bitcoin remains unchanged; people just need to pay their taxes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Adam Tech: Launchpad trading volume hit a new low last week

Data: Hyperliquid platform whales currently hold $4.576 billions in positions, with a long-short ratio of 0.93
Tether suspends Bitcoin mining operations in Uruguay due to rising energy costs