10x Research: Bitcoin Will Determine Support or Breakout at $60,000 Level in Coming Days

Odaily News 10x Research posted on platform X, stating that the interplay of Bitcoin options expiration dynamics, political uncertainty, and concentrated positioning will determine support or a breakout at the $60,000 price level in the coming days. The market is not pricing in tail risk events but is positioning for a baseline scenario. Understanding the probabilities, capital flows, and incentive structures within this framework is crucial, as price movements could far exceed those driven by fundamentals when gamma turns negative and positions become crowded. The report re-examines how the current political backdrop is driving consolidation in risk assets and emphasizes that recent significant shifts could impact the market. Positioning, policy uncertainty, and volatility dynamics suggest the need for patience and realism. The report assesses whether $60,000 should be viewed as a tail risk or an increasingly plausible baseline scenario. In the current environment, preparation is more important than prediction, and understanding probabilities is key.