10x Research: Bitcoin could climb above $80,000 in coming weeks
Technical analysis from 10x Research shows that BTC may soon rise to new all-time highs after breaking out of so-called triangle resistance. Markus Thielen, founder of 10X Research, said that if the breakout is bullish, we suspect that Bitcoin could climb above $80,000 in the next few weeks, or even earlier. Buying at $69,280 and setting a stop loss at $65,000 seems appropriate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nvidia's Q3 revenue and Q4 revenue outlook both exceed market expectations
Federal Reserve meeting minutes: GDP growth forecast raised, unemployment rate expected to decline
Federal Reserve meeting minutes: Participants warn of potential disorderly decline in the stock market