Bitcoin's Price Predictions: A 10x Research Report

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10x Research: Bitcoin price may fall below $60,000 before rebounding

10x Research founder Markus Thielen releases a new report explaining why the stock turned bearish more than 10 days ago. Its report pointed out that although this price correction was predictable, it takes courage to change the direction of predictions. Technically, it still believes Bitcoin will trade below $60,000 before embarking on a more meaningful rebound attempt. Based on previous new high signals, it believes BTC is expected to rebound to $83,000 and $102,000, but is currently more focused on managing downside risks.

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