10X Research: Bitcoin will have a positive performance in the short term, but it is not a significant buying opportunity in the medium term
2024-07-07 00:44:00
10X Research said that the Bitcoin decline target of $55,000 has been achieved. As Bitcoin appears to be oversold in the short term, a rally is possible, and a macroeconomic upside is expected next week. Additionally, the SEC may approve an Ethereum ETF, which could generate positive momentum in the short term. However, they do not see it as a significant buying opportunity in the medium term.
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