BlockBeats news, Markus Thielen, founder and CEO of 10X Research, recently stated in a report that many new funds currently flowing into the crypto market may be based on fixed dollar amounts, investors are not sensitive to currency prices, and it is generally believed that the halving event is good for Bitcoin. As a result, he predicts that Bitcoin could hit a new all-time high this week. Markus believes that weekend price action is the key factor, and although buyers try to establish liquidity leveraged long positions, the lack of liquidity on the seller side means that prices will only rise, and new all-time highs are on the way.

It is worth noting that Markus Thielen has accurately predicted the price trend of Bitcoin many times during this rise. In a recent exclusive interview with BlockBeats, he said that Bitcoin will rise to $125,000 in this bull market.