Bitcoin Q4 Strategy Shifts: Expert Says Leveraged Longs Won’t Cut It

Analyst Markus Thielen of 10x Research suggests a departure from previous fourth quarter strategies for Bitcoin. Instead of relying solely on leveraged long positions, he recommends exploring alternative approaches. While some view increased global money supply as a positive economic signal, Thielen argues it is not the dominant factor. He points to other macroeconomic variables as more critical determinants of price movements. Thielen’s prediction calls for a shift in approach with a year-end price expectation of $192,000, deemed overly optimistic by him. This change underscores the need for smarter trading strategies to ensure profitability amidst evolving market dynamics.