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10x Research founder Markus Thielen’s Bullish Outlook on Bitcoin
Joining CoinDesk with his bullish outlook on bitcoin, Markus Thielen, founder of 10x Research, predicts that the largest cryptocurrency by market cap will reach $100,000 by December or January. This comes as the industry anticipates the resignation of SEC Chairman Gary Gensler. Thielen provides insights on bitcoin’s price movements post-election and discusses the future for digital assets under a new administration.
Impact on You
Thielen’s optimistic prediction for bitcoin reaching $100,000 by December or January may have a direct impact on you if you are a bitcoin investor or considering investing in the cryptocurrency. This potential price surge could lead to significant profits for current bitcoin holders or provide a lucrative opportunity for those looking to enter the market.
Impact on the World
If bitcoin does reach $100,000 as predicted by Thielen, it could have a profound impact on the world of cryptocurrency and the financial industry as a whole. Such a price milestone would likely attract more mainstream attention and adoption of bitcoin, leading to further legitimization of digital assets as a viable investment option. Additionally, it could spur increased regulation and oversight from governments and regulatory bodies.
Conclusion
Markus Thielen’s bullish outlook on bitcoin and his prediction of the cryptocurrency reaching $100,000 by December or January have the potential to significantly impact both individual investors and the global financial landscape. Whether you are a current bitcoin holder or someone interested in entering the market, Thielen’s insights provide valuable information for navigating the ever-changing world of digital assets.
