πŸš€ BREAKING - Reached 10,000 Subscribers - Rebranding

Crypto For Professionals

Rebranding:

BREAKING: As we have reached 10,000 subscribers, DeFi Research / DeFi On Target is rebranding into β€˜10x Research’ - a professional crypto research service.

This email group will still receive valuable and timely updates about our views, and we will also offer a research service targeted at traders, hedge funds, asset and wealth managers, etc. Crypto for Professionals will include weekly reports, timely trading signal analytics, flash updates, etc.

Some of our analysis:

πŸ‘‡ 4) Jul β€˜23: Bitcoin Could Rally to $125K by End-2024

πŸ‘‡ 6) Nov β€˜23: Bitcoin Could Reach $45K by Year-End

Some brief points:

πŸ‘‡ 1) During Bitcoin's halving years, we have seen rallies of +186% (2012), +126% (2016), and +297% (2020).

πŸ‘‡ 2) 2014 down, followed by three up, 2018 down, followed by three up, 2022 down…

πŸ‘‡ 3) Each of the four crypto bull markets (2011, 2013, 2017, and 2021) was associated with a novel way to acquire Bitcoins. A Bitcoin Spot ETF fits this pattern.

πŸ‘‡ 4) On average, Bitcoin has returned +12% over the last eight years during December.

πŸ‘‡ 5) Four factors drive the Bitcoin price at this point: 1) expectations that the SEC would approve a spot Bitcoin ETF, 2) increased demand for leveraged positions, 3) fiat inflows through stablecoins, and 4) improved fee generation through the Bitcoin network.

πŸ‘‡ 6) From the time the Bitcoin Futures launch was announced until they started trading, Bitcoin prices increased by +180% in less than two months.

πŸ‘‡ 7) In 2018, the Fed hiked interest rates aggressively, and when they paused in January 2019, Bitcoin prices exploded by 300%.

Read more here: www.10x-Research.com