Svmuu reported that 10x Research stated its Bitcoin trend model has turned bearish.
It noted that the market narrative of Strategy (formerly MicroStrategy) "never selling Bitcoin" has begun to waver. 10x Research said that Michael Saylor recently hinted the company might sell some of its holdings of 843,000 BTC in the future, and this shift has led to cumulative outflows of approximately $2.7 billion from related Bitcoin ETFs.
Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
10x Research: Bitcoin Trend Model Turns Bearish
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice. If you find any violations, please Click to Report
24H Trending
-
Binance Seven U-denominated perpetual contracts, including LRCX and KLAC, will be launched
-
Gate's Stock Contracts Section Launches Trading for 8 Perpetual Contracts, Including ADSK (Autodesk) and BKNG (Booking.com Holdings)
-
Learn More About the ALTHEA Token (ALTH) and Its Decentralized Network
-
Record-High AI-Driven Leveraged Bets in Asia: SK Hynix’s 2x Long ETF in South Korea Reaches $13 Billion in Assets Under Management
-
The OKX DEX xStocks Trading Competition is currently underway, with a total prize pool of 300,000 USDC
-
Morgan Stanley Updates Ethereum and Solana ETF Filings, Proposing a 0.14% Fee
-
A "smart money" investor bet $320,000 on Argentina to beat Austria in the World Cup group stage
-
Market News: U.S. Vice President Vance is set to deliver a speech in Switzerland following his first round of talks with Iran
-
Mainland China’s Dogecoin Trading Platform: Current Status—Regulatory Policies and Global Mainstream Options
-
Iranian media report that Iran-U.S. negotiations have resulted in five key points
Recommended Reading





