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10x Research's Markus Thielen says Bitcoin may rebound to $90,000 by year-end

NewsFeeds update

Markus Thielen, founder of 10x Research, said Bitcoin could slip into the mid-$70,000s before recovering to $90,000 by year-end. He expects the Federal Reserve to sound cautious in early December and sees Bitcoin outpacing ether.

BitcoinCoinNessAIBullish

Read the original on CoinNess

The story so far: Markus Thielen Bitcoin forecast

10x Research's Markus Thielen said Bitcoin could slip into the mid-$70,000s before recovering to $90,000 by year-end. He now says Bitcoin's double-digit gains run is over, with profit-taking whales reshaping the market, but still expects $90,000 by year-end, possibly after a fall to $77,000-$79,000.

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  1. 10x Research's Markus Thielen says Bitcoin may rebound to $90,000 by year-end

  2. Markus Thielen says Bitcoin may reach $90,000 by year-end after a dip

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Every Bitcoin update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.