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#Bitcoin: Preparing For Next Week
https://mail.10xresearch.co/p/bitcoin-preparing-next-week
#btc70k
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Should YOU BUY #Bitcoin and SELL Bitcoin #Miners Before the #FOMC Decision? 👇1-15) Bitcoin appeared to break out on Monday, with prices briefly reaching $70,000. However, as we cautioned in our report, 'Bitcoin Breakout? Not so fast. What Traders Need to Know,' we emphasized that without macroeconomic support, Bitcoin would likely remain in its challenging trading range. 👇2-15) However, today's developments could potentially change that. 👇3-15) Read the full report: https://mail.10xresearch.co/p/buy-bitcoin-sell-bitcoin-miners-fomc-decision
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Stay Ahead with the Ultimate #Bitcoin / #Crypto Events Calendar! Visit here: https://10xresearch.co/events/
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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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