10X Research CEO: Bitcoin may hit a new all-time high this week

BlockBeats news, on March 4, 10X Research CEO Markus Thielen said in a newly released report that he currently suspects that many new fund inflows from retail investors and institutions are based on fixed dollar amounts, and investors may not be sensitive to currency prices. , and it is generally believed that the halving event is good for Bitcoin. As a result, Markus believes Bitcoin could hit a new all-time high this week. Markus said price action over the weekend is always an important factor to watch, and while buyers (again) tried to establish liquidity leveraged long positions, there were no sellers (sellers were illiquid), meaning prices were only going to go up, new history The high is coming. BlockBeats Note: Markus Thielen is the founder and CEO of 10X Research. He also provides paid market research reports to subscribers as a Matrixport analyst. He has accurately predicted the price trend of Bitcoin many times during this round of rises. Previously, a research report was released on January 3 analyzing the possibility that the Bitcoin spot ETF "may not be approved." Subsequently, Bitcoin fell by more than 10% in a short period of time, causing heated discussion in the market. BlockBeats recently conducted an exclusive interview with him. In the interview, Markus also expressed his views on the market outlook and introduced the basis for his analysis. He even bluntly stated that Bitcoin will rise to $125,000 in this bull market. The complete interview can be read by clicking on the "original link" below.