CryptoCoinDeskabout 9 hours ago
Bitcoin may fall to $55,000, 10x Research says
1 min read
10x Research founder Markus Thielen predicts bitcoin could drop to $55,000 before finding a cycle low. A strengthening U.S. dollar, reinforced by the Federal Reserve's hawkish turn under Chair Kevin Warsh, historically acts as a headwind for BTC. Three indicators point to a potential bottom between late August and October.
Level
Hype check
Tap to vote and see what everyone thinks.
