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10xResearch
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The #1 Reason Why #Bitcoin Might NOT Hit a New All-Time High This Month: https://mail.10xresearch.co/p/1-reason-bitcoin-might-not-hit-new-alltime-high-month #btc70k #BTC☀️

The #1 Reason Why #Bitcoin Might NOT Hit a New All-Time High This Month: https://mail.10xresearch.co/p/1-reason-bitcoin-might-not-hit-new-alltime-high-month

#btc70k #BTC☀️

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All-TIME #Bitcoin HIGHS Expected by Next Week - Maximize Your Gains. 👇1-10) After Bitcoin’s consolidation, we're witnessing significant movements in the crypto market. @bitgetglobal exchange token #BGB surged +16% following its Launchpad introduction, and KAS gained +36% with the introduction of KRC20, Kaspa’s blockDAG, which required users to purchase KAS tokens first. @binance 's #BNB token has hit an all-time high with a market cap of $105bn, while Ethena’s TVL has reached $3.1bn as funding rates expand, allowing ENA to rally by +10% during the last week. 👇2-10) We are bullish on Bitcoin. On May 21, we wrote, ‘Bitcoin: Multiple Buy Signals Activated, Don’t Miss Out. ' On May 26, we predicted, ‘Bitcoin New All-Time Highs Coming?’ Our report on May 30, ‘Inflation is the MAIN driver for Bitcoin,’ provided a solid thesis for the coming rally. 👇3-10) For traders, it was time to put on more risk and get more beta exposure. As we predicted, Bitcoin mining stocks are also on the rise. @BitdeerOfficial rallied +13% last night on the back of @Tether_to $100m private funding round (potentially adding another $50m), while Bitfarms rallied as a prime takeover candidate in the sector. See our May 31 report. 👇4-10) https://mail.10xresearch.co/p/alltime-bitcoin-highs-expected-next-week-maximize-gains #BTC☀️ #BNB⁩ #KAS #ENAUSDT🚨
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@KaspaCurrency $KAS -> How it started (May 22) -> How it's going (June 4) -> +37% read more here: https://signals.10xresearch.co/p/trading-signal-kas-usdt #KAS/USDT
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#Bitcoin Stuck in This Range? Or a #Breakout Looms? 👇1-13) Traders are complaining that Bitcoin is going nowhere despite prices only 7% away from new all-time highs. Many Bitcoins are being moved off exchanges while our stablecoin impulse delivers a warning sign. 👇2-13) Crypto market volumes have declined to $50bn while the funding rates are only marginally positive. Undoubtedly, interest is low. Fed policy and inflation data are seen as the two key variables that could push Bitcoin to new all-time highs. On June 5, the Bank of Canada could start the global rate-cutting cycle, offering a blueprint for the Fed, while the June 12 US inflation print would need to show a lower print (3.3%) for Bitcoin to rally. 👇3-13) A sharp decline in Bitcoin exchange balances signals that whales are moving coins off exchanges in anticipation of higher prices. During the last month, 88,000 Bitcoins have been moved off exchanges, with 2.5 million coins remaining, the lowest level since March 2018. Exchange outflows started on May 15, coinciding with the 45 days after the quarter-end 13F filing requirement for US registered investors managing more than $100m. 👇4-13) Read the full report: https://mail.10xresearch.co/p/bitcoin-stuck-range-breakout-looms #btc70k
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Why is this #altcoin up +16% in just 3 days? https://mail.10xresearch.co/p/bgb-token-16-just-3-days-closing-bgb-trading-signal #Bitget #BGB #AltcoinGains #AltCoinSeason
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#Bitcoin Mining Wars, Time to Buy The Miners? 👇1-11) The Bitcoin network appears to be doing much better than initially feared after mining rewards were cut in half on April 20. The Bitcoin halving coincided with the launch of #Runes, which allows users to mint tokens on top of the Bitcoin network, generally meme-coins. 👇2-11) This temporarily raised Bitcoin transaction fees after the halving, as Runes generated over $135m in fees in the first week after the halving. Not only did Bitcoin miners benefit from those extra fees, but it also increased the difficulty of Bitcoin mining, which only started to decline in early May. 👇3-11) A higher difficulty signals that competition is fierce and winning mining rewards has become more complex. At the same time, daily miners' revenue dropped from $70m to just $30m. Expectations were that the hash rate would see a significant setback as inefficient miners would be forced to switch off machines. 👇4-11) Bitcoin miners’ revenue has marginally increased to $35m, which still signals a small distress signal to investors. Share prices of Bitcoin miners were expected to decline, as they did. But now something interesting is happening – as we explain below: 👇5-11) https://mail.10xresearch.co/p/bitcoin-mining-wars-time-buy-miners #btc70k #BTC☀️
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