Comment on ‘Bitcoin and stocks may be about to have major correction’, says analyst

‘Bitcoin and stocks may be about to have major correction’, says analyst

The stock and cryptocurrency markets could be approaching a significant price correction, according to Markus Thielen, the founder of 10x Research. In an April 16 research note, Thielen cited persistent inflation, decreasing rate cuts, and a rising bond yield as the reasons behind his outlook. The primary trigger is the unexpected and persistent inflation.

 

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