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- The Key Catalysts Pointing to a Bitcoin Breakout
Why This Report Matters
Bitcoin is poised to break above $106,000. But this isn’t just about technicals—several powerful catalysts are aligning. We also dive into our liquidity model and project how long this Bitcoin rally might last, based on a leading relationship. This report reveals the next target and guides how to trade it. On Monday, we spotted the large divergence between Bitcoin and Coinbase (here) with the shares now +28% in just two trading days. Our DogeCoin trading signal has returned a 25% gain since May 8 (here).
Coinbase had +45% upside based on our Monday analysis (only +15% left)
10x Research was established with a hedge fund-style investment approach, where data, narratives, and news are continuously re-evaluated, catalysts are identified, and actionable trading insights are generated. Given our commitment to this disciplined and methodical process, we decided to extend it to a select group of like-minded investors and traders (our subscribers), ensuring we maintain rigor even during quieter market periods.
Koreans are jumping on XRP, as we expected (here)
This discipline is essential, as it helps us stay alert to shifting opportunities by identifying catalysts and leveraging quantitative models to detect market changes. While systematic trading in crypto can be challenging due to the active management of tokens by foundations, our approach ensures we are immediately notified when a series of buy (trading) signals is triggered.
The value of 10x Research extends beyond our extensive background managing large portfolios for JP Morgan, Millennium, and other leading hedge funds. Our team has overseen hedge fund capital across both crypto and traditional finance (TradeFi), and readers of our analysis benefit directly, saving them significant time. Our sophisticated data analysis approach is built on the expertise we developed while working in the hedge fund group at Goldman Sachs, enabling us to swiftly identify market opportunities, assess risks, and deliver actionable insights with precision.
Let’s dive into today’s report:
Market Updates
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Most comprehensive, unbiased digital asset research for traders and institutions:
- • Receive 2-4 concise, informative Market Updates reports per week.
- • We cover everything that impacts the price of Bitcoin and other major cryptos, from on-chain data to macro and market structure (funding rates, money flows, etc.). Our insights are trusted by some of the largest hedge funds and traders in the industry.
- • You'll gain full access to our in-depth 'Market Update' analysis, informed by our experience at leading investment banks like Goldman Sachs, Morgan Stanley, and JP Morgan, as well as managing hedge fund capital at Millennium.
- • We rigorously backtest our insights and are unafraid to call bullish or bearish market conditions. Our research is unique and grounded in solid financial analysis, offering perspectives you won't find anywhere else.
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- • Our clients include hedge funds, traders, liquidity providers, exchanges, family offices, proprietary traders, institutions, high-net-worth individuals (HNWIs), CEOs of major listed Bitcoin mining companies, executives from crypto service providers, TradeFi portfolio managers, etc.