Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
10x Research: Bitcoin may reach new highs after breaking through $67,500

10x Research: Bitcoin may reach new highs after breaking through $67,500

CointimeCointime2024/05/20 04:58
By:Cointime

10x Research released a report stating that this week has high event risks. PYTH (down 38% in the past 30 days) will unlock on May 20th, worth $800 million; AVAX will unlock on May 21st, worth $340 million. Nvidia will release its Q1 2024 financial report on May 22nd, and the deadline for VanEck's spot ETF application is May 23rd. According to the betting market, the probability of the ETF being approved is only 7%. Bitcoin is expected to rise or fall no more than +/-4% this weekend. Bitcoin prices have recently improved significantly, rebounding above the late April resistance area ($67,500), surpassing the early May high ($64,000). Breaking through $67,500 may bring new highs. It sees $68,300 as the "bottom line" and once it breaks through, it may trigger a strong upward trend. Bitcoin traders are bullish, with $67,500 as the next breakthrough point.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BTC/ETH VIP Earn Ultimate Carnival is officially here!

Bitget Announcement2025/09/18 07:12

New spot margin trading pair — FLOCK/USDT!

Bitget Announcement2025/09/18 06:55

0GUSDT now launched for pre-market futures trading

Bitget Announcement2025/09/18 05:39