10x Research Market Updates

10x Research Market Updates

Share this post

10x Research Market Updates
10x Research Market Updates
πŸš€ Bitcoin is BREAKING Out – This is the TRIGGER
Copy link
Facebook
Email
Notes
More

πŸš€ Bitcoin is BREAKING Out – This is the TRIGGER

Institutional Crypto Research Written by Experts

10x Research's avatar
10x Research
Feb 06, 2024
βˆ™ Paid
2

Share this post

10x Research Market Updates
10x Research Market Updates
πŸš€ Bitcoin is BREAKING Out – This is the TRIGGER
Copy link
Facebook
Email
Notes
More
1
Share

πŸ‘‡1-10) No, we are not talking about the Bitcoin halving on April 22. We have a controversial view of the halving, which we will share in a later report. Our trigger for a Bitcoin price jump is instant – we are talking days, not weeks.

πŸ‘‡2-10) Bitcoin could be making an immediate big move, as the break of the downtrend indicates – the main barrier being the trend line at 43,839. If Bitcoin trades above it, we could quickly move to 48,000.

πŸ‘‡3-10) After last month's consolidation period, Bitcoin almost reached the downside level of our 38,000 correction target (actual low 38,500), which we defined when Bitcoin traded at 44,300.

πŸ‘‡4-10) But as we showed in the book β€˜Bitcoin: The Irresistible Rise,’ prices do not move randomly. There is often a big trigger, such as a policy decision or another significant event. One big event is around the corner, and we think this event will lift Bitcoin above 45,000 within the next few days.

Read more here

This post is for paid subscribers

Already a paid subscriber? Sign in
Β© 2025 10x Research
Privacy βˆ™ Terms βˆ™ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More