AnAustrian on Nostr: "Even if bitcoin ETF inflows disappoint, this is not the time to turn bearish as the ...
"Even if bitcoin ETF inflows disappoint, this is not the time to turn bearish as the macro environment will remain a tailwind in 2024, and the U.S. election cycle will see a constructive fiscal response that will lift asset prices higher," Markus Thielen, head of research at 10X Research, wrote in an emailed report.
"Sub-$38,000, the ETF hype might be completely priced out and bitcoin goes back to the tunes of macro and liquidity. The time to turn bearish was in early January when we called for a correction back to $36,000/$38,000 when bitcoin traded at $44,000. We would use any further dip to start buying again."
I'll bet against him and buy more Bitcoin today. #futures #trading
"Sub-$38,000, the ETF hype might be completely priced out and bitcoin goes back to the tunes of macro and liquidity. The time to turn bearish was in early January when we called for a correction back to $36,000/$38,000 when bitcoin traded at $44,000. We would use any further dip to start buying again."
I'll bet against him and buy more Bitcoin today. #futures #trading