PANews reported on August 29 that according to CoinDesk, Markus Thielen, head of strategy at Matrixport, a Singapore-based crypto financial services company, said: “With strict stop loss, we will go long Bitcoin and anticipate U.S. Treasury bond gains.
The rate will fall, pushing up risk assets including cryptocurrencies. We expect a 10% rebound by the end of summer.
Crypto traders can hold long positions on Bitcoin, says analyst
We have done this and with proper risk management approach, traders can try to go long again.”
