Cryptocurrency research and analysis company 10x ResearchBitcoin $63,547(BTC) could reach an all-time high in the fourth quarter of 2024. In a previous report published by the company on September 9, BitcoinThe price of was at $54,800 and the next day they shared their views on potential bullish catalysts on CNBC. The company pointed out that a big and strong breakout could occur in the market in a critical time frame such as the upcoming October-March period.
Market Structure Is Improving
10x Research emphasized that the market structure is improving and this situation is paving the way for an increase. The increase in stablecoin supply and the increase in leverage in futures are particularly striking. The company said that these developments cryptocurrency market He also pointed out the existence of potential catalysts that could give investors a big surprise.
The company drew attention to the potential for Bitcoin’s rise in a report published on September 9, stating that the price was $ 54,800 at that time and that they saw positive signals in the market after this level. 10x Research stated that they frequently give “buy” signals for various cryptocurrencies and recommended that investors be careful during this process.
Critical Time Period: October-March Period
10x Research for the period starting from October and extending to March crypto money The company, which stated that this period could be a significant breaking point for Bitcoin and other cryptocurrencies, emphasized that they have received many positive buying signals in the past weeks.
Especially Bitcoin and Ethereum (ETH) 
$2,653 The increase in buy signals in leading cryptocurrencies such as is considered as an indication that the market is about to rise.
Although there are still some important resistance points in the market, 10x Research stated that important developments could occur and investors should be careful in this process. The company’s analysis supported the positive atmosphere in the cryptocurrency market and increased investors’ year-end expectations.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
