“Early to wait for a bull in Bitcoin!” He said, listed the reasons!

Bitcoin (BTC) and subcoins USA and China In the tension between the tariff tension between the sudden pump dump continues to live while the two investors are wondering which direction the market will move forward from now on.

At this point, the uncertainty continues in the crypto market as in global markets, 10x Research Founder Markus Thielen Although the long -term rise expects the price of BTC in the short term, stating that the price is facing pressure, warned about the decline.

Markus Thielen said that Bitcoin investors began to optimize a possible stagnation on the effects of Bitcoin’s price and may be early to rise against BTC.

According to the analyst, Bitcoin is faced with pressure in the short term while the fears of stagnation increase.

“It is too early to wait for a bull in Bitcoin.”

Pointing out that credit spreads expanded as a sign of increasing economic concerns, the analyst argued that a possible stagnation and possible interest rate cuts of the FED could benefit BTC in the long run.

However, Thielen said that according to historical data, Bitcoin had faced short -term sales until those times arrived.

“Historically, Bitcoin usually encounters more downward printing in the period when annual loan differences begin to expand, and takes longer to recover.

In BTC, these periods have a longer term opportunity. However, he may encounter negative winds before gaining the acceleration of the rise. ”

Thielen finally referred to the Chinese currency Yuan and said, ”Currency devaluations are historically tending to decline in the short term for markets, and in the long term.” he said.

*It is not an investment advice.