CandleFocus Analyst Keeping Short-Term Predictions Expects Rally in Bitcoin (BTC) and Altcoins! Here's Why!
2024-09-27
Author: Content Editor
According to 10X Research founder Markus Thielen, the recent rise in the price of Bitcoin, coupled with historical data suggesting a rally during the fourth quarter, has increased expectations for a surge in the cryptocurrency market. Thielen predicts a quick move towards $70,000 for Bitcoin, followed by new all-time highs. The rise in Bitcoin's price above $65,000 has also triggered FOMO (fear of missing out) in altcoins, with some experiencing significant gains. Thielen believes that further increases could occur with inflows of money from Chinese OTC investors. Overall, Thielen suggests that investors should consider holding enough Bitcoin and altcoins to potentially ride the next wave of the market.
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