10x Research: Bitcoin will have positive performance in the short term, but it is not a major buying opportunity in the medium term

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ODAILY
07-07
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Odaily Odaily News 0x Research said that the Bitcoin downside target of $55,000 has been reached. Since Bitcoin seems to be oversold in the short term, a rebound may occur, and macroeconomic benefits are expected next week. In addition, the SEC may approve the Ethereum ETF, which may trigger positive momentum in the short term. However, they do not believe that it is a significant buying opportunity in the medium term.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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