10x Research: Bitcoin is expected to rise above $90,000 as U.S. inflation concerns ease

Odaily News Markus Thielen, CEO of 10x Research, said that despite widespread investor concerns, Bitcoin may be expected to rise back above $90,000 as U.S. inflation concerns ease. He added: "Because prices are oversold, we can see some counter-trend rebounds, and there is a high probability that the Fed will take a mildly dovish stance, which is some fine-tuning by policymakers. It will keep BTC in a wider consolidation range, but it is entirely possible to return to $90,000." (Cointelegraph)