10x research
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."
Stablecoin Growth Is More Important Cue for Crypto Bull Market Than Bitcoin ETF Inflows: Analyst
Rapidly expanding stablecoin supply shows that "fiat money is being moved into crypto at an accelerated pace," 10x Research's Markus Thielen said.
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 Correction May Continue if ETF Inflows Disappoint in Next Few Days: 10x Research
Bitcoin ETF inflows on Monday and Tuesday will be the "real test" for what's next for the largest crypto asset's price, Markus Thielen wrote.
Bitcoin's Stall at $52K May Foreshadow Imminent Pullback Before Higher Prices: Swissblock
Bitcoin's uptrend is supported by strong trading volumes, a bullish sign for continuation, a FalconX report said.
Bitcoin's Rise to $52K Is Driven by Strong U.S. Demand, the Coinbase Price Premium Suggests
Massive inflows into spot bitcoin ETFs made headlines recently, but other metrics showcase U.S. investors' appetite for the asset.
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."
Bitcoin Could Hit $48K in Days, Propelled by Historic Chinese New Year Gains: 10X Research
The largest crypto rallied every time in the last 9 years by 11% on average around the Chinese New Year festivity, says 10X's Markus Thielen.
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."
