đ Bitcoin's Ready for Liftoff? đ
- According to the latest 10x Research report, Bitcoin (BTC) might be gearing up for a major rally by the end of 2024.
- Markus Thielen, founder of 10x Research, points to a potential $5-8 billion inflow from the FTX payout as a key bullish factor.
- The Fed's recent moves and potential rate cuts could also spark a "melt-up" in risk assets.
- Historically, BTC shines from October to March, with past cycles in 2014, 2017, and 2021 showing strong performance.
- Keep an eye on the $68,330 level and the 21-week moving average for effective risk management.
Buckle up, Bitcoiners! đ
