The #1 Reason Why #Bitcoin Might NOT Hit a New All-Time High | 10xResearch on Binance Square

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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☀️ 

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#Bitcoin Breakout? Not so fast. What Traders Need To Know 👇1-14) Based on historical analysis, Bitcoin returns tend to be flat in August and down in September. However, tailwinds from the US interest rate policy, lower inflation, and the election calendar could buffer any downside pressure from $1 billion in token unlocks in August. Bitcoin dominance is making new highs for this cycle with notable implications. 👇2-14) While we expect an eventual breakout, Bitcoin will likely need ‘macro’ help in the form of projected Fed rate cuts or another dose of lower inflation. Traders must observe Bitcoin when prices trade near the top of the range. The FOMC meeting on July 31 and the US CPI report on August 14 will be critical. Below, we explain whether Bitcoin will remain within this wide, painful-to-trade range or if prices could break out. 👇3-14) Full report: https://mail.10xresearch.co/p/bitcoin-breakout-not-fast-traders-need-know

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@10x_Research -> Discover a comprehensive hub for all our research insights on a single page. Stay informed with the latest market updates, newsletters, trading signals, and strategy reports. Effortlessly navigate through our most recent research to make well-informed decisions with ease. https://10xresearch.co/latest/ #Bitcoin❗ #btc70k #BTC☀

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With our insights, stay ahead of major movements in Bitcoin, Ethereum, and the broader crypto market. Our 'Market Update' (subscribe here: https://mail.10xresearch.co/) once again delivered critical analysis this week. Leveraging models and insights honed at top financial institutions like Goldman Sachs, Morgan Stanley, and JP Morgan, as well as our experience with leading hedge funds like Millennium and running our hedge fund, we bring unparalleled expertise to the crypto markets. Our track record speaks for itself with numerous successful market calls. Many of the largest hedge funds and most successful traders are already among our subscribers, and our community continues to grow rapidly. Subscribe here: https://mail.10xresearch.co/

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On Tuesday, July 23, ETH-USDT triggered a new short signal -> previously ETH-USDT declined in 8 out of 10 cases -> https://signals.10xresearch.co/p/trading-signal-eth-usdt-d1fc #ETH🔥🔥🔥🔥 #ETHETFsApproved #EtheruemETF

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