10X Research: The average price of Bitcoin spot ETF buyers in the United States is around $57,300
2024-05-01 07:56:03
On May 1st, 10x Research officials posted on social media that the agency has accurately predicted three large pullbacks in this bull market. However, this correction is different because institutional investors have different risk management methods than most retail traders. The average entry price for US bitcoin ETF holders in its estimates is around $57,300, which may even be 1-2% higher, and the current bitcoin price is approaching that level.
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