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10x Research CEO: Traders will not short Bitcoin this weekend, speculating that Trump's speech will push up prices.
Odaily Planet Daily News 10x Research CEO Markus Thielen wrote in a recent analysis report, "No one wants to short BTC on the weekend." He explained that Trump is expected to announce the BTC strategic reserve plan at the BTC conference on July 27 (if he is elected president in November). Thielen believes that futures traders are not shorting BTC because they are concerned that its price may soar due to this news. (Cointelegraph)