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# Markus Thielen

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Crypto Research Firm Says Bitcoin Crash Below $60,000 May Not Be The End, Here’s Why Newsbtc 1 day ago

Crypto Research Firm Says Bitcoin Crash Below $60,000 May Not Be The End, Here’s Why

Bitcoin fell to $60,000, but 10x Research predicts further declines to $50,000. Analyst Markus Thielen highlights a topping formation and several factors, including low new money inflow and reduced Ethereum activity, supporting this bearish outlook. Other analysts believe historical patterns will maintain Bitcoin above $60,000.

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