Bitcoin Faces $55K Stress Test as 10x Research Cites Several Bearish Signals
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10x Research warns Bitcoin could drop to the mid-$50,000s before this cycle’s bottom, with founder Markus Thielen identifying late August–October 2026 as the most likely durable low window. BTC traded below $61,000 on June 24 (~51% below its October 2025 ATH), indicating meaningful downside risk ahead. Market participants should prepare for a stress test near $55k that may increase volatility and present accumulation opportunities for longer-term holders.
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