#MarketDownturn

Market Analyst Projects Bitcoin Downturn Amid Economic Shifts

In light of recent market dynamics, Markus Thielen, a prominent analyst known for his accurate forecast of Bitcoin’s surge, is now predicting a downturn for Bitcoin and broader risk assets, according to a CoinDesk report on Tuesday. Thielen, leading 10X Research, has issued a warning about a likely significant market downturn triggered by persistent inflation…

By Andrej Kovacevic 16th April 2024

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