opinion

10X Research's Markus Thielen Says We'll See Amazing BTC Movement This Week

"This week we're going to see an amazing price move for bitcoin," 10X Research founder Markus Thielen said in a report. "Demand is expanding outside of the U.S. and ETFs are seeing strong inflows. We expect to see a new all-time high this week."

The fact that open interest in bitcoin futures on CEX hit a record high of $31 billion on Thursday (local time) could be used as evidence for his claim. "The increase in open interest indicates an increase in open interest in BTC derivatives. This could serve as a warning to leveraged traders and could be seen as a signal of increased volatility."

Bitcoin recovers $64,000 price after 42-day Bitcoin correction, absorbing more than $3 billion in selling pressure

BTC has regained $64,000, according to Coinness Market Monitor. On the Binance USDT market, BTC is trading at $64,102.48. "Bitcoin has completed a 25.6% correction that lasted 42 days," an anonymous crypto trader, Rekt Capital, told X. "It's been a long

blockchain crypto cryptocurrency Altcoins have topped out (SpotedCrypto)

Andrew Kang: "Altcoins have topped out, except for some memes"

As Andrew Kang, co-founder of crypto investment firm Mechanism Capital, recently told X, "A common mistake crypto investors make is buying too quickly when an uptrend turns down. The correction is longer and deeper than most people expect. When the majority are liquidating and questioning that crypto is dead,

blockchain crypto cryptocurrency michael saylor btc rise to 10m (Spoted Crypto)

Michael Saylor "BTC to rise to $10 million"

Michael Saylor, founder of MicroStrategy, which holds the most Bitcoin by a single company, said in a YouTube podcast that "Bitcoin will go to $10 million". "BTC is the perfect money, it's economically immortal. Economics is a quasi-religious humanities discipline, full of people's

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