10x Research Market Updates

10x Research Market Updates

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10x Research Market Updates
10x Research Market Updates
YOU Can Still Make Serious Money in Bitcoin This Year – But YOU Need To Have a Plan
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YOU Can Still Make Serious Money in Bitcoin This Year – But YOU Need To Have a Plan

Institutional Crypto Research Written by Experts

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10x Research
May 15, 2024
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10x Research Market Updates
10x Research Market Updates
YOU Can Still Make Serious Money in Bitcoin This Year – But YOU Need To Have a Plan
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👇1-10) We have been very strategic with our views. We set ambitious targets based on our cycle and macro analysis (correctly predicting the Bitcoin price at halving 15 months in advance). Still, we became conservative when we noticed dark clouds on the horizon (August 2023, January 2024, and April 2024). We called all three consolidation periods during the last three months.

👇2-10) Based on our analysis, one big rally is still left this year. But to take advantage of it, we must time it perfectly and unfold things according to our plan. The last few weeks have shown that buy-and-hold (hodl) is no longer working in this market. Traders need to set realistic expectations and have a plan.

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👇3-10) Hence, we need to identify potential turning points when Bitcoin moves from a bull market to a period of consolidation—a time when we want minimal exposure. Our trusted quantitative tools should provide a timely heads-up—as they did at the end of September 2023 when those models flagged that Bitcoin was breaking out while the summer lull still hypnotized everybody else.

Bitcoin during US Election Years (avg. 2012, 2016, and 2020) - white 2024

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