10x Research: Chiliz (CHZ) may surge due to the start of the European Cup on June 14
2024-05-29 08:36
Odaily News 10x Research posted on the X platform: "Will there be a big rise on June 14? Chiliz (CHZ) tokens may rebound. We have seen this again and again: events are the best catalysts for trading cryptocurrencies because prices tend to rebound in anticipation. The key is to exit when the event arrives and not be obsessed with the storyline. But there are usually opportunities to make money in the price increase phase before the event arrives. This may apply again in this case. The launch of CME Bitcoin futures in December 2017 triggered a massive price increase, but marked the apex of that bull market. Similar apexes appeared in the Coinbase launch in April 2021 or the futures-based Bitcoin ETF launched in October 2021. A recent example is the launch of the Bitcoin spot ETF in January 2024, which caused the Bitcoin price to rebound before, but then fell 15%. The European Cup is scheduled to open on June 14. Although not as important to the entire cryptocurrency market as the launch of Bitcoin products, it may have an impact on the Chiliz (CHZ) token. With less than three weeks to go, now may be the time to get exposure. Chiliz (CHZ) is about to rise..."
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