BlockBeats News, April 1st, Quinn Thompson, founder of the crypto hedge fund Lekker Capital, stated, "I can foresee that by the end of this year, Bitcoin may return to a price of over fifty thousand dollars. I don't think this will happen quickly, which is why it will be very painful and shocking for people, because the current market conditions are not so volatile, without large-scale liquidation and collapse."

Thompson has always held a pessimistic view on Bitcoin reaching higher prices. He has repeatedly referred to the White House's cryptocurrency-related announcements—whether it is sovereign wealth funds, strategic Bitcoin reserves, or anything in between—as "hollow events" and "selling news" activities. He also believes that MicroStrategy's continuous purchases of Bitcoin do not necessarily bode well for the cryptocurrency, as these seem to be the only significant buy-side.

Thompson's core point is that various policies of the Trump administration may have a detrimental impact on the economy in the next six to nine months.

Thompson stated that considering the adverse effects of headwinds on risk assets such as US stocks and Bitcoin, the cryptocurrency industry is unlikely to perform well this year. He also mentioned that the White House does not seem overly concerned about the possibility of an economic recession, which is itself a strong signal.

"After US Treasury Secretary Scott Bessent took office, he stated, 'We need to change course.' And changing course means cutting off the momentum supporting these crazy asset prices. The direct result of their policy effectiveness is the decline of US stocks," Thompson said.