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TechFlow news, on February 26, Arthur Hayes, co-founder of BitMEX, posted saying, "Now we calm down, pull back, and wait. If Trump fails to pass his budget— which increases spending and raises the debt ceiling—then markets will resume their decline back to pre-election victory levels, in the range of $70,000 to $75,000. This will be a test of Trump's control over the Republican party."
Arthur Hayes, co-founder of BitMEX, posted: "Now we calm down, pull back, and wait. If Trump fails to pass his budget—which increases spending and raises the debt ceiling—the market will resume its decline to pre-election victory levels, in the range of $70,000 to $75,000. This will be a test of Trump's control over the Republican Party."
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