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Is Thielen bullish on Bitcoin?

Referring to tools like quantitative analysis, Thielen has been bullish on the price of Bitcoin after the cryptocurrency crossed its multi-year highs on March 13, 2024. Based on historical price changes and Bitcoin’s recent new highs, 10x Research projected that Bitcoin would reach $77,000 by early April and $99,000 by May 2024.

Is 10x research bullish on Bitcoin?

10x Research CEO and head analyst Markus Thielen says the current rally is “undoubtedly on par” with the 2020 and 2021 bull market, which initially peaked in April 2021. Referring to tools like quantitative analysis, Thielen has been bullish on the price of Bitcoin after the cryptocurrency crossed its multi-year highs on March 13, 2024.

Does bullish lend out customer assets?

We don’t lend out customer assets or use them for our own trading or investing purposes. Bullish is a regulated and audited global cryptocurrency exchange where you can securely buy, sell and trade digital assets including Bitcoin and Ethereum. Trade perpetual futures.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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