10x Research analyst Markus Thielen said Bitcoin has been reacting negatively to a strong U.S. dollar, but he expects a BTC bottom may be near. According to NS3.AI, Thielen said the firm’s analysis indicated global liquidity flashed a buy signal in early March and then a sell signal at the end of April.
Thielen linked Bitcoin’s recent weakness to dollar strength while pointing to the timing of the liquidity signals as a key factor in his view that downside may be limited from here. He did not provide specific price targets or additional market metrics in the remarks.
Markus Thielen: Bitcoin May Be Near a Bottom as Global Liquidity Signals Shift
2026-06-24 01:10:29
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