Why Our Bitcoin Mining Pick Just Soared +87%—And What’s Next
We’ve delivered exceptionally well-timed trading calls on Bitcoin mining stocks, generating triple-digit returns for our subscribers.
For instance, in October 2023, we issued a strong tactical buy, and within three months, our top pick surged 300% (here).
While we've consistently delivered successful tactical calls, we view publicly listed Bitcoin miners as high-risk assets that tend to underperform Bitcoin over the long term.
However, there are exceptions—at times, valuations become low en
Why Bitcoin’s $106,000 Surge Is Just the Beginning — Our Next Target Revealed
We turned bullish on Bitcoin back on April 12/13, right when it broke above the $84,500 trend line — and it’s been a relentless climb ever since.
Our strategy to go long on call spreads has paid off, with Bitcoin now reaching $106,000. But the real question is: could this be the start?
Our next target of XXX is within sight, driven by a perfect storm of macroeconomic factors, including easing inflation fears and a market fueled by spot buying.
Here’s why this rally may be far from over.
Back on April 12, we wrote:
The trend model turned bearish on February 1 at $97,000 and has remained negative until now. It has just flipped bullish, with a stop set at $74,000.
The 21-week moving average, currently at $86,694, remains a key level for determining whether Bitcoin is in a bull or bear market—and it's now on the verge of a potential flip, signaling a possible trend shift.
Bitcoin is now breaking above the downtrend that has persisted since Trump's inauguration.
Three key reversal indicators have turned bullish, with the RSI notably climbing above 50%—a signal of strengthening momentum.
We’ve also observed a positive divergence between the RSI and Bitcoin’s price action—while Bitcoin made a lower low, the RSI did not follow suit.
This is commonly interpreted as a bullish divergence, signaling potential upward momentum.
But back to today's report.
As Bitcoin is nearly reached our $106,000 upside target and the underlying market structure is shifting, we are revising our upside target:
Full report: https://update.10xresearch.com/p/why-bitcoin-s-106-000-surge-is-just-the-beginning-our-next-target-revealed -----
Simplifying the L1: Ethereum's Path to Scalability and Value Recapture
Actionable Market Insights
Why This Report Matters
Ethereum’s recent Pectra upgrade and emerging EIP-4850 proposal promise to reclaim value from Layer 2 solutions, challenging the narrative that L2s 'vampirize' the network.
Vitalik Buterin’s vision for a simpler, more robust consensus layer, including a '3-slot finality' concept, signals a shift toward maintainability and security over the pursuit of feature creep.
By prioritizing data availability and STARK-based aggregation, Ethereum aims to bolster scalability without overloading its core protocol.
The interplay between these technical changes and market dynamics could drive a fresh wave of adoption for decentralized applications and DeFi.
This report examines the implications of Ethereum’s simplicity drive and outlines a clear trading idea to capitalize on the ensuing rally.
Understanding these upgrades is critical for positioning ahead of potential price surges and architecting resilient blockchain solutions.
Score 7.3 (out of 10): Bitcoin sets up for +25.5% rally in 3 months
This gem is straight out of our archives—crafted 2–3 weeks ago when everyone was still losing sleep over tariffs.
Meanwhile, our trading model quietly unearthed a fresh signal that’s now deep in the money, as Bitcoin is currently trading at $103K, compared to $92.9K when we flipped the switch.
And yes, it builds on our April 12 “bullish” call, the moment BTC blasted through that $84,500 trendline. Talk about getting the jump on the party!
We Do the Heavy Lifting—You Get the Cliff Notes. By spending hours on meticulous research and hardcore quant analysis, we distill the key insights into bite-sized reports you can devour in 5–10 minutes—saving you 2–3 hours of deep dives with our expert spin.
Ask yourself: would you rather spend on a morning latte or trade that dollar for extra hours back in your day—plus market-moving analysis?
Find out more here: https://signal.10xresearch.com/
Bitcoin: Is $120,000 in Sight? The Metrics Point to July 7
Why This Report Matters
Bitcoin’s recent performance offers crucial lessons for active allocators.
A tactical pivot at $85,000 in mid-April generated a +16% return (here), while our broader market framework identified key resistance and support levels guiding call-spread strategies.
This report unveils the interplay between technical breakouts, on-chain validation, and macro catalysts—such as Fed communications and tariff shocks—that have shaped the rally.
We also evaluate secondary opportunities in select equities, assess volatility dynamics, and outline precise entry and hedging tactics for the summer run.
If you trade crypto or manage allocation, these insights will help you stay ahead of shifting market regimes.
Key Takeaways
1. Core View: Bitcoin’s break above realized price and trend-model flip at $85,000 signaled a durable bullish regime.
2. Key Driver: A confluence of stablecoin inflows, ETF accumulation, and a downtrend breakout fueled continued upside toward $100,000–$106,000.
3. Major Risk: Muted funding rates amid rising open interest reflect cautious positioning, risking a pullback if macro headwinds intensify.
4. Recommended Trade: Retain $100K/$100K upside call spreads, roll into $110K–$120K strikes with June expiry, and hedge via S&P 500 short positions.
No Surprise: Bitcoin Hits $100,000 Again—Still Prefer Upside Call Spreads
We initially missed the absolute low on April 9, as price found support just above our larger support zone.
However, by April 12–13, around $85,000, our trend model turned bullish: a downtrend break combined with an RSI surge signaled a regime shift.
We detailed this pivot in a YouTube explainer (here) and across social channels, framing the key levels and expected behavior. Read the full report: https://update.10xresearch.com/p/bitcoin-is-120-000-in-sight-the-metrics-point-to-july-7
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Why Altcoins Crashed 58% While Bitcoin Barely Blinked
Why This Report Matters
The altcoin market has diverged sharply from Bitcoin—on average, the top 140 tokens are down 58% since their December 7, 2024 peak, while Bitcoin is flat to down just 3%.
In this report, we reveal the tactical indicator that flagged this underperformance and explain why monetary policy pivots and massive token unlocks have crushed altcoin sentiment.
You’ll learn why Bitcoin dominance has surged from 49% to 64%, why Ethereum and Solana slumped despite broader crypto gains, and how venture capital pressure compounds the selling pressure.
We unpack the macro, technical, and risk views to show why the trade remains clear: long Bitcoin, short altcoins.
Finally, we outline an actionable hedge strategy and pinpoint the catalysts that could overturn our thesis. (see also our report from January)
Read the full report: https://update.10xresearch.com/p/why-altcoins-crashed-58-while-bitcoin-barely-blinked
BTC Holds Strong, Altcoins Diverge: What Smart Money Is Really Buying Now
BTC Holds Strong, Altcoins Diverge: What Smart Money Is Really Buying Now
Crypto Trends Chart Book: Understand What is Moving in the Market and Why. Why This Report Matters:
This report breaks down what's moving the market—and why—by analyzing 54 token charts alongside key metrics like Bitcoin dominance, trading volumes, stablecoin inflows, and funding rates. We also assign an overall score to the altcoin market based on these indicators. Below, we take a deeper look at the standout tokens dri
Bitcoin has rallied 25% over the past month, supported by aggressive ETF inflows and institutional spot buying.
But emerging signals—like a falling Coinbase premium and weak funding rates—suggest this momentum may be fading.
Despite Bitcoin’s skew indicating some more upside (see earlier published report), macro pressures are mounting: the Fed remains neutral (meeting on May 7), volatility is creeping back, and uncertainty around tariffs looms.
A potential consolidation is forming near the $95K level as traders await new catalysts.
This is not a time for blind risk-taking but tactical positioning with well-defined exposure.
The report outlines the key risks and explains how call spreads can help navigate this uncertain phase and how we are managing downside risk.
Bitcoin volatility has structurally declined, but that doesn’t mean the edge is gone. Instead, it’s evolved.
Today’s options market consistently misprices volatility, creating reliable alpha for those who know how to extract it.
This report explains why selling options still works, when to switch and buy calls instead, and how to frame your strategy in the current macro backdrop.
It’s not about chasing breakouts—it’s about understanding where the inefficiencies still lie.
The analysis below reveals why implied volatility remains elevated, how ETF and stablecoin flows support the thesis, and the specific trade that captures it best.
The macro landscape is shifting fast. A surprise policy signal from the ECB, renewed political pressure on the Federal Reserve, and a sharp reversal in inflation expectations are converging at a critical moment for markets. At the center of it all is Bitcoin, which is moving in ways that could catch many investors off guard.
This report breaks down the overlooked catalysts driving flows into Bitcoin ETFs and stablecoins, dissects the inflation narrative behind recent market moves, and examines why the Fed’s next decision may be closer than expected. We also explore Bitcoin’s technical setup, key support and resistance levels, and highlight what traders are missing in the data.
If you're navigating these markets with size—or even just trying to stay one step ahead—positioning matters. The full report offers a data-backed view of what’s next, the key risks to monitor, and exactly how to trade it.
👇1-11) Crypto retail traders have been in hibernation since the Trump inauguration, but this could change soon as many seem to be overlooking what the underlying data is signaling.
A major shift may already be underway — even as, in the short term, the $94,000–$95,000 resistance zone we previously highlighted continues to cap Bitcoin’s rally.
👇2-11) Two of our reversal indicators have turned bearish, and the stochastics oscillator has risen to 95%, further suggesting short-term downside risk.
However, this may represent a consolidation phase before a potential breakout above $100,000.
This consolidation phase will be short - in the meantime, we are betting on THIS altcoin…
👇3-11) Full report: https://update.10xresearch.com/p/the-one-altcoin-korean-traders-could-soon-chase
👇1-13) In our February 4 report, with Bitcoin trading near $100,000, we identified a Diamond Top pattern formation and warned of an impending correction.
A break below the critical $95,000 support — our key technical trigger — confirmed the pattern.
👇2-13) By February 25, Bitcoin had not only breached $95,000 but also the short-term holder realized price, triggering a wave of liquidations.
As the technical structure shifted into an ascending broadening wedge, we outlined further downside risk with a target of $73,000.
Bitcoin ultimately fell to $74,400, within less than $1,400 of our projected level.
👇3-13) By April 13, with Bitcoin trading at $85,322, we shifted back to a bullish stance.
Although we did not capture the exact low, the technical setup pointed clearly to a +10% rally.
Having been vocal bears at $95,000 — and bulls from $85,000 — our alpha over Bitcoin during the past two months reached +11%.
It is critical to consistently compound such outperformance, particularly by eliminating the left-tail risks that have historically challenged Bitcoin investors.
This underscores the value of these Market Updates, driven by market structure, on-chain data, technicals, and sentiment analysis.
👇4-13) Bitcoin has rallied back to the $94,000–$95,000 zone — exactly where we expected (see our video) — but has stalled at this critical resistance.
👇5-13) Full report: https://update.10xresearch.com/p/bitcoin-a-smash-move-is-coming
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Bitcoin Smashes $95K as Altcoins Surge on Institutional FOMO, DeFi Boom, and Regulatory Tailwinds
Crypto markets surged broadly this week, led by Bitcoin’s breakout above $95,000 amid easing macro risks, record ETF inflows, and a weaker dollar.
Altcoins followed strongly, fueled by rising institutional interest, ecosystem growth, DeFi momentum, and positive regulatory signals.
Crypto Trends Chart Book: Understand What is Moving in the Market and Why.
Full report: https://signal.10xresearch.com/p/crypto-trends-chart-book-understand-what-is-moving-in-the-market-and-why-084e
👇1-12) #Bitcoin surged past $95,000, driven by eased U.S.-China trade tensions, record Bitcoin ETF inflows, a weaker dollar, easing Fed crypto rules, and tightened supply from corporate buying.
👇2-12) @solana rose 6.7% this week, supported by institutional buying, DeFi growth, a major short squeeze, and meme coin activity within its ecosystem.
👇3-12) @Ripple XRP gained modestly following CME’s launch of XRP futures and growing banking integration, although legal risks continued to cap enthusiasm.
👇4-12) #Stellar XLM rallied 18.1% after partnering with South Asia’s largest retailer, rising trading volumes, and tailwinds from relaxed U.S. crypto banking rules.
👇5-12) Polkadot climbed 10.1% despite the SEC delaying ETF decisions, with optimism persisting around eventual approval and broader crypto market openness.
👇6-12) @SuiNetwork SUI skyrocketed 64.3% amid explosive DEX growth, stablecoin expansion, and speculation around major partnerships like Pokémon and Mastercard.
👇7-12) @RaydiumProtocol RAY gained 27.9% on new trading incentives tied to meme coin pools and broader DeFi momentum on Solana’s blockchain.
👇8-12) @aave jumped 21.5%, helped by a strong Bitcoin rally, a $50 million buyback plan, GHO stablecoin growth, and rising total value locked.
👇9-12) @realDonaldTrump token soared 86% after a dinner announcement with Trump, despite political controversy, fueling speculation and renewed investor interest.
👇1-22) No, the title doesn't refer to Trump’s private crypto meetings—where a select few seem to benefit disproportionately by having insider access, or to those suspiciously timed upside call option purchases ahead of tariff truce announcements, or even to closed-door sessions where Treasury Secretary Bessent drops subtle hints that send markets surging shortly after.
👇2-22) Instead, it points to trading strategies that now make sense to consider, as a broader market shift is underway—one that’s likely to catch many investors off guard.
👇3-22) The U.S. stock market is approaching a key technical level—one that initially acted as support in late February but turned into resistance in late March after momentum from the 90-day tariff truce announcement faded.
While relatively straightforward trade agreements with countries like India, Israel, South Korea, and Japan were expected, negotiations with China remain contentious.
Trump continues to suggest progress is being made, while Chinese officials deny that meaningful talks are even underway.
👇4-22) Full report: https://update.10xresearch.com/p/bitcoin-sp500-pay-to-play-is-back
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Tide Turns: Bitcoin $$$ Inflows Reignite Rally - $100,000 Possible
👇1-10) As anticipated, Bitcoin has resumed its bullish trend. The next key resistance zone lies in the $94,000–$95,000 range, which aligns with our target for this move.
However, whether this level can be decisively broken will depend heavily on broader market sentiment and the performance of risk assets. 👇2-10) This week highlights the core value of our research: identifying shifts in risk/reward and signaling when markets transition from bearish to bullish and vice versa. We reinforced this view with a technical analysis video released two days ago (here), which reemphasized and predicted this Bitcoin breakout. 👇3-10) This is the week when several key trade deals are expected to be finalized. Yet, Trump appears to be backing down on two major fronts—softening his tariff rhetoric after China called his bluff and easing his push for Powell’s resignation. These developments are contributing to a broader risk-on sentiment, which was already anticipated by our trend-following indicators. 👇4-10) Full report: https://update.10xresearch.com/p/tide-turns-bitcoin-inflows-reignite-rally-100-000-possible Want to see how we are trading this market? Follow us! Subscribe to our premium analysis and alerts at the link below: https://10xresearch.com
👇1-13) We have rarely recommended a bullish stance on publicly listed Bitcoin mining companies, and as the cycle progressed, we've largely avoided them.
However, with many of these stocks now down 50% or more, we’ve received many questions about whether current levels present attractive entry points, especially as Bitcoin shows signs of recovery, and the U.S. dollar weakens.
Bitcoin continues to serve as a potential macro hedge.
👇2-13) Full report: https://update.10xresearch.com/p/bitcoin-mining-stocks-a-compelling-trade
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Bitcoin Breakout? 6 Charts Making the Bullish Case
👇1-6) Bitcoin appears to be breaking out of a downtrend channel, closely resembling the classic Falling Wedge pattern.
This formation is characterized by two converging, downward-sloping trendlines and typically signals a bullish continuation or reversal, particularly when it forms during a corrective phase within a broader uptrend.
A key feature of this pattern is a gradual decline in volume throughout the wedge, followed by a sharp increase upon breakout, confirming the move.
👇2-6) Full report: https://signal.10xresearch.com/p/bitcoin-breakout-6-charts-making-the-bullish-case
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Bitcoin FOMO Trading Is Dead - Here’s How to Still Make Money
👇1-15) Despite a +113% return in 2024, most of Bitcoin’s gains came during just two months (February +44% and November +37%).
We were strongly bullish during those two months (here) but adopted a more cautious stance over the summer—tactically, this was the right call.
Given Bitcoin’s historical tendency to perform better between October and March, and to consolidate between April and September, it makes sense to adopt a more conservative, seasonally aware approach during this part of the year.
👇2-15) In 2024, a simple buy-and-hold strategy likely outperformed most actively traded approaches, supported by strong demand from newly launched Bitcoin ETFs, primarily driven by Wall Street’s marketing push.
With $35 billion in inflows, ETF demand landed within our projected $20–40 billion range for the first year.
Bitcoin’s strong performance was also fueled by U.S. government stimulus to boost asset prices, create a feel-good environment ahead of the Presidential election, and a dovish Fed stance amid falling inflation expectations.
The three key drivers of last year’s rally—a dovish Fed, government stimulus, and strong ETF demand—have notably reversed.
👇3-15) Full report: https://update.10xresearch.com/p/bitcoin-fomo-trading-is-dead-here-s-how-to-still-make-money
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Is Bitcoin’s On-Chain Data Starting to Turn Bullish?
👇1-15) Several of our on-chain indicators have been signaling a Bitcoin correction since February.
At the same time, the technical breakdown from an ascending broadening wedge confirmed the move (see February 25 report), the on-chain data provided early conviction of a more sustained decline.
The break below the short-term realized price triggered a wave of liquidations, initiating the sharp drop from $95,000.
We’re now approaching a critical juncture where it’s important to reassess these on-chain metrics to determine whether they are nearing a bullish reversal or still firmly in bearish territory.
👇2-15) Full report: https://update.10xresearch.com/p/is-bitcoin-s-on-chain-data-starting-to-turn-bullish
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Not Money Supply: The Real Liquidity Metric That Drives Bitcoin
👇1-14) As anticipated, Fed Chair Powell confirmed that the Federal Reserve will likely remain on hold for an extended period.
The introduction of larger-than-expected tariffs will push inflation higher while slowing growth. Powell emphasized the need for more data before considering any changes to interest rates.
👇2-14) He also dismissed the marginal impact that DOGE-related savings might have on discretionary spending, instead shifting focus toward addressing government debt and deficits.
These remarks suggest that monetary policy will remain restrictive and offer limited support for Bitcoin until inflation declines meaningfully, which is unlikely before the summer.
👇3-14) Overlaying Bitcoin with the Global Money Supply (M2 from 28 central banks), shifted forward by 13 weeks, has provided a remarkably accurate projection of Bitcoin’s price movements over the past 18 months.
While the chart is visually compelling, we believe Bitcoin is more likely to respond to a different, more relevant liquidity metric.
👇4-14) Full report: https://update.10xresearch.com/p/not-money-supply-the-real-liquidity-metric-that-drives-bitcoin…
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