Mars Finance News, on April 1st, Quinn Thompson, founder of crypto hedge fund Lekker Capital, stated, "I can foresee that by the end of this year, Bitcoin might return to a price over $50,000. I don't think this will happen quickly, which is why it will be very painful and shocking for people, as current market conditions are not experiencing such intense fluctuations, with no large-scale liquidations or crashes." Thompson has consistently maintained a pessimistic view about Bitcoin reaching higher prices, repeatedly referring to White House crypto-related announcements—whether sovereign wealth funds, strategic Bitcoin reserves, or anything in between—as "hollow events" and "sell the news" activities. He also believes that Strategy (MSTR) continuously buying Bitcoin does not necessarily constitute a positive signal for cryptocurrency, as these seem to be the only significant buy orders. Thompson's core argument is that various policies from the Trump administration might adversely impact the economy in the next six to nine months. Thompson indicated that given the headwinds' negative impact on risk assets like US stocks and Bitcoin, the crypto industry is unlikely to perform well this year. He also mentioned that the White House seemingly does not appear overly concerned about a potential economic recession, which is itself a strong signal. "After taking office, US Treasury Secretary Scott Bessent stated, 'We need to adjust our course.' And adjusting course means cutting off the momentum supporting these crazy asset prices. The direct result of their policy will be a decline in US stocks," Thompson said. (CoinDesk)