Founder of 10x Research: Still believes that BTC will rise sharply in the next few months, and $70,000 may be the key
Markus Thielen, founder of 10x Research, said that U.S. spot Bitcoin ETF capital inflows are expected to slow down. Bitcoin prices have found short-term support and stabilized at $67,000, but the "real test" will come on Monday and Tuesday. If ETF inflows disappoint, Bitcoin’s price correction may continue. However, Markus Thielen added that he still believes that Bitcoin will rise significantly in the coming months because the bull market is likely to continue. If BTC recovers above $70,000 (above its 2021 all-time highs), the rebound could open the door to a significant price increase. (CoinDesk)
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