Markets Outlook

Why 10x Research sees a bitcoin drop to $50,000 this summer | Markets Outlook

13 hours ago
Listen or watch all the new CoinDesk podcast episodes wherever you want.
Cast BoxiTunesPocket CastsRSSRadio PublicSpotify

ABOUT

As the crypto markets teeter on the edge, 10x Research founder, Markus Thielen, joined Consensus Live at Consensus Hong Kong to deliver a sobering reality check on bitcoin’s trajectory. Thielen explains why the recent volatility isn't just a temporary dip but the potential start of a deeper trend driven by institutional redemptions and a massive liquidity gap. He breaks down the technical "liquidity trap" that caught traders off guard following the 2024 election and explains how negative option gamma forced market makers into a selling frenzy.

-

This episode was hosted live by Sam Ewen and Will Foxley at Consensus Hong Kong 2026, presented by Hex Trust.