10x Research CEO: Traders will not short Bitcoin this weekend, as they speculate that Trump's speech will drive up the price.
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Odaily Odaily News: Markus Thielen, CEO of 10x Research, wrote in a recent analysis report: "No one wants to short Bitcoin on the weekend." He explained that Trump is expected to announce plans for a strategic reserve of Bitcoin at the Bitcoin Conference on July 27 (if he is elected president in November). Thielen believes that futures contract traders do not short Bitcoin because they are worried that its price may soar due to this news. (Cointelegraph)
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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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