Analyst: Once Bitcoin breaks through $43,000, we should reestablish long positions
Markus Thielen, the research director of 10x Research, accurately predicted the recent pullback. He stated that the fifth wave of Bitcoin's impact has already begun and the price may surpass $50,000 by the end of the first quarter. Levels above $43,000 are suitable for placing new bullish bets on BTC. As reversal indicators suggest that a tradable low point has been reached, we should focus on long positions. From a risk management perspective, once Bitcoin breaks through $43,000, we should reestablish long positions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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