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Bitcoin Price Forecast: Marcus Tilen’s Opinion

10 Jul 2024by CryptoJazz Admin1 min read82 views
Bitcoin Price Forecast: Marcus Tilen’s Opinion

🔴 Marcus Tilen, CEO of the research firm 10x Research, believes that the price of Bitcoin will fall to $50,000. However, he does not rule out a brief rise in the value of the first cryptocurrency, potentially reaching nearly $60,000 before the decline.

🔴 According to Tilen, there are no factors at the moment that could change the situation in the short term. Among the main reasons for a negative scenario in the cryptocurrency and stock markets, he pointed to high inflation and the rising yields on U.S. Treasury bonds

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