Expert Analysis on Bitcoin Price Correction and ETF Inflows Impact

Monday, 18 March 2024, 16:02
According to Markus Thielen from 10x Research, the upcoming Bitcoin ETF inflows on Monday and Tuesday will be crucial in determining the future price trend of the largest cryptocurrency. The market is eagerly awaiting these inflows to gauge if the ongoing correction in Bitcoin's price will continue or reverse. Investors and analysts alike are closely monitoring the impact of these inflows to make informed decisions on their Bitcoin holdings.
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Expert Analysis on Bitcoin Price Correction and ETF Inflows Impact

Bitcoin Correction Forecast

Expert analyst Markus Thielen from 10x Research predicts that the upcoming Bitcoin ETF inflows on Monday and Tuesday will have a significant impact on the cryptocurrency market.

Key Insights:

  • ETF Inflows Test: Monday and Tuesday's inflows will determine the future direction of Bitcoin's price.
  • Market Expectations: The cryptocurrency community is anxious to see whether the correction trend will persist or alter based on these inflows.

Markus Thielen highlighted the importance of these upcoming days for Bitcoin's price movement and market sentiment.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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