Institutional Crypto Research Written by Experts  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

June 28, 2024   |   Read Online 10 Reasons Why Bitcoin Could Fall to $55,000 Institutional Crypto Research Written by Experts Sponsored TheoTrade Financial Newsletter Subscribe 👇1-10) Based on our trend model, Bitcoin entered a downtrend on June 20. Although not every signal is successful, trend-following funds (CTAs) follow a similar strategy and could pile into short positions. Their position size could even increase, especially with declining or low volatility. Realized volatility is just 30%. 👇2-10) Weekly and monthly reversal indicators signal a broader correction. The weekly RSI peaked in early March and has declined despite Bitcoin holding above $60,000. The monthly Stochastics resembles previous multi-month peaks, such as January 2018 and May 2021. Subscribe to Premium Membership to read the rest. Become a paying subscriber of Premium Membership to get access to this post and other subscriber-only content. Upgrade A subscription gets you: ✓  Receive concise, unrivalled informative crypto trading strategy reports (2-4x per week). ✓  In just 10 paragraphs, unraveling the complexities and market structure of crypto and its dynamic landscape. ✓  Insights into the intersection of crypto, regulations, macroeconomic trends, and policy shifts. ✓  Apply to join subscriber ONLY Telegram Group. (Please read our Terms and Conditions and Disclaimer @ www.10xResearch.co))     Update your email preferences or unsubscribe here © 2024 10x Market Update 160 Robinson Road, #1404 SBF Center Singapore, Singapore 068914, Singapore Powered by beehiiv Terms of Service