10x research
What's Next for Bitcoin After Fed Predicts Just One Rate Cut for 2024
Bitcoin (BTC) has been trading under pressure following the Fed's hawkish interest rate projections on Wednesday, but some analysts remain bullish on the leading cryptocurrency. 10x Research founder Markus Thielen said in a note to clients that lower CPI numbers tend to drive bitcoin prices up and they expect this trend to continue. CoinDesk's Michele Musso presents "The Chart of the Day."
Why Bitcoin May Fall to $52K
10x Research co-founder Markus Thielen joins Helene Braun on "Markets Daily" to discuss his latest research report ahead of the bitcoin halving. Plus, he looks into his crystal ball and predicts how low the price of bitcoin (BTC) will fall.
Is There a 'Significant' Correction on the Horizon?
10X Research founder Markus Thielen, the analyst who predicted the recent surge to record highs, has turned bearish on risk assets, including tech stocks and cryptocurrencies. Thielen said in a note to clients that the firm’s "growing concern is that risk assets are teetering on the edge of a significant price correction." CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Could Bitcoin Rally to $80K on Triangle Break?
A technical analysis by 10x Research predicts that bitcoin could soon rally to new record highs of $80,000 after breaking through a so-called triangle resistance. The breakout comes after the latest job report that indicated resilience in the U.S. economy. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Is Korea's Upcoming Election Behind the Meme Coin Frenzy? With Markus Thielen
10x Research founder Markus Thielen joins CoinDesk with his analysis on bitcoin's (BTC) recent price movements and prediction on where the market is heading. Plus, insights on spot bitcoin ETF inflows, driving forces behind the recent meme coin frenzy, and the future of Microstrategy's stock.
Bitcoin Crosses $47K Propelled by Historic Chinese New Year Gains
Bitcoin (BTC) is headed towards $48,000 in the short term after its breakout fueled by a strong track record of gains around the Chinese New Year celebration, according to Markus Thielen, head of research at Matrixport and founder of 10x Research. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Analyst Who Anticipated Bitcoin's Recent Drop Makes New Prediction
10x Research’s founder Markus Thielen, who correctly predicted bitcoin’s [BTC] recent drop to $38,000, is now seeing levels above $43,000 appropriate for taking fresh bullish bets on the cryptocurrency. Thielen's bullish view is based on the Elliot Wave theory, which assumes that prices move in waves rather than simple patterns, and future movements can be predicted by observing the repetitive wave pattern. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
