Bitcoin's recent market performance has attracted the attention of analysts and investors. In particular, 10x Research analyst Markus Thielen made critical evaluations about the future of Bitcoin.
Thielen stated that the ISM Manufacturing Index could have an impact on Bitcoin's potential for sharp corrections. Thielen's report reveals a strong relationship between the peak periods of the ISM Manufacturing Index and the destabilization of the Bitcoin market. The economic disruptions caused by the COVID-19 pandemic increase these concerns and indicate that financial markets are still fragile.
Despite speculation that the Federal Reserve might lower interest rates, 10x Research's findings suggest that these measures may be insufficient to prevent an economic decline. The analysis states that the expected economic recovery may be delayed and may not be effective enough. This shows that Bitcoin may face a new sales wave.
The report highlights the increasing risk of a recession by 2025, which often coincides with stock market declines. Historical data shows that such conditions have significant impacts on Bitcoin. “As the stock market begins to track the downtrend of the ISM Manufacturing Index or predict a recession,” the report says, “stocks could decline significantly in the coming quarters.” This could mean a bear market for Bitcoin and increase the possibility of a return to the $50,000 level.
According to Galaxy Digital Head of Research Alex Thorn, Bitcoin mining difficulty has reached an all-time high following a 10.5% adjustment. This milestone demonstrates increased competition and complexity within the Bitcoin network.
Crypto investors are currently focused on geopolitical tensions, the upcoming US presidential election, and the Federal Reserve's interest rate decisions. These three factors can significantly affect the course of cryptocurrencies. Investors are advised to be careful when making investment decisions, taking these factors into consideration.
PLEASE READ CAREFULLY FOR THE GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can get it done in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
