10x Research: Bitcoin is expected to hit a record high in Q4 this year

BlockBeats news, on September 23, 10x Research released the latest analysis saying that Bitcoin is expected to hit a record high in the fourth quarter of this year. "As we approach the critical window from October to March of the following year, the possibility of a major breakthrough is increasing. Recently, our trading signals have repeatedly issued buy alerts for Bitcoin, Ethereum and other cryptocurrencies. 'The game is on.'"

10x Research said that when it released a bullish report on Bitcoin on September 9, the price of Bitcoin was $54,800. The next day, it discussed potential catalysts for a year-end rebound on CNBC. The market structure has improved, the minting of stablecoins has increased, and futures leverage is also rising. Although there is still resistance, major catalysts may still bring surprises to investors.