10x Research: Market focus shifts to the upcoming Nvidia financial report, options market anticipates its stock price may fluctuate by 8%
10x Research released a new report stating that Bitcoin broke through the symmetrical triangle pattern as expected last week, moving towards a target price of $65,000 and has currently achieved a 9% return. The dovish Federal Reserve meeting minutes announced last Wednesday pushed up Bitcoin's rise.
10x Research believes that the current market is in a dynamic "hit-and-run" environment where quick tactical trading could bring significant returns. With Bitcoin continuing to trade sideways in a wider range, accurately predicting macroeconomic events is crucial for seizing opportunities.
In addition, market attention is shifting towards the upcoming Nvidia earnings report with options markets expecting its stock price may fluctuate by about 8%.
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.
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