TechFlow news, according to CoinDesk, Markus Thielen, Head of Strategy at Matrixport—a Singapore-based crypto financial services firm under Wu Jihan—said, "We are going long on Bitcoin with strict stop-loss measures in place, anticipating declining U.S. Treasury yields which would boost risk assets including cryptocurrencies. We expect a 10% pullback by late summer; crypto traders can hold long positions in Bitcoin and set stop-loss orders below $25,800. We have already done so, applying proper risk management, and traders may consider going long again."
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