10x Research founder Markus Thielen has forecasted that Bitcoin could reclaim $70,000 within the next two weeks. He believes that BTC will also surpass its current all-time high of $73,000 by late October.
Thielen mentioned a surge in stablecoin liquidity as a major factor that could propel this rally. Additionally, he cited China’s recent monetary easing policy as another key element that could drive Bitcoin’s price upward.