#BTC 10x Research report: Bitcoin breaks out of symmetrical triangle pattern, target price is $65,000
AI Summary
According to TechFlow, the cryptocurrency research organization 10x Research released its latest report saying that Bitcoin broke through the symmetrical triangle pattern as expected last week and moved towards the target price of US$65,000, and has currently achieved a return of 9%.
10x Research believes that the current market is in a dynamic "hit and run" environment, and quick tactical trading may bring significant gains. As Bitcoin continues to trade sideways in a wide range, accurately predicting macroeconomic events is critical to seizing opportunities.
The report also mentioned that the dovish Federal Reserve meeting minutes released last Wednesday boosted Bitcoinâs gains.
In addition, market focus is shifting to Nvidia's upcoming financial report, and the options market expects its stock price to fluctuate by about 8%.
