10X Research Forecasts Bitcoin May Reach $73K Amid Ongoing Crypto Decline
Crypto investors are questioning safety after recent price collapses. Key points include:
- Markus Thielen from 10X Research remains bearish and advises against buying the dip.
- A decline similar to the DeFi/NFT bubble in 2021 has affected memecoins, impacting tokens like SOL.
- Thielen emphasizes caution due to weakening market foundations.
- He predicts BTC may approach $73,000, noting future upward movements will need a new narrative.