On March 19, Markus Thielen, CEO of 10x Research, said that despite the widespread concerns among investors, Bitcoin may be on track to recover to above $90,000 due to the easing of inflation concerns in the United States. He added: "We could see some counter-trend rally due to oversold prices, and there is a good chance that the Federal Reserve will take a dovish stance, which is some fine-tuning by policymakers. Would put BTC in a broader consolidation range, but it is entirely possible to return to $90,000."
Nexo analyst Iliya Kalchev said traders and investors will be watching for any news of the end of the Federal Reserve's quantitative easing (QT) program, a move that could add to liquidity as the Fed's upcoming decision could be the main catalyst for further movement, and if Chairperson Powell takes a dovish stance, bitcoin could take off in a new bullish momentum.
10X Research: US inflation concerns ease, bitcoin is expected to recover to above $90,000
2025-03-19 14:06:45
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Decentralized AI start-up company Pluralis raises $7.60 millionNext article：
TimBeiko：以太坊新测试网 Hoodi 已启动
