<p>Odaily Planet Daily reports that Quinn Thompson, founder of Lekker Capital and crypto hedge fund manager, stated in an interview with CoinDesk that Bitcoin is expected to fall back to the $50,000 range (between $50,000 and $59,999) by the end of this year, a decline of about 50% from its previous peak of over $109,000.</p>
<p>He pointed out that the policies of the Trump administration may negatively impact the U.S. economy in the next 6 to 9 months, which could put pressure on risk assets such as stocks and cryptocurrencies. He described the current policies as "controlled burns," aimed at clearing risks, but there is also the possibility of them evolving into a "wildfire." Thompson believes that the crypto market is unlikely to show impressive performance under the current macro environment. (CoinDesk)</p>

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Odaily Planet Daily reported that Quinn Thompson, founder and crypto hedge fund manager of Lekker Capital, stated in an interview with CoinDesk that Bitcoin is expected to retreat to the range of 50,000 to 59,999 USD by the end of this year, a decline of about 50% from its previous peak of over 109,000 USD.  
He pointed out that the policies of the Trump administration may have a negative impact on the U.S. economy in the next 6 to 9 months, which could put pressure on risk assets such as stocks and cryptocurrencies. He described the current policy as a "controlled burn," aimed at clearing risks, but it also has the potential to evolve into a "wildfire." Thompson believes that the crypto market is unlikely to perform well in the current macro environment. (CoinDesk)

Lekker Capital Founder: BTC May Drop to the $50,000 Range by Year-End, Trump Policies May Intensify Economic Resistance