Analysts Expect Bitcoin to Drop
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Bitcoin investors are advised by Markus Thielen, Head of Research at 10x Research, to wait for the cryptocurrency’s price to fall below $40,000. This price point is considered an ideal entry for the next bull market. Thielen’s report from August 7 emphasizes this strategy for timing the market.
According to Thielen, a drop under $40,000 would offer a better opportunity for investors. The report elaborates that waiting for this dip could align with better market conditions for future gains.
Investors are urged to consider this recommendation seriously as part of their market strategy. The timing of entry points is crucial for maximizing returns, and Thielen’s insights aim to help investors make informed decisions.
Source: en.bitcoinhaber.net ↗
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