Matrixport: A new round of breakthroughs may be imminent.
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Odaily Odaily News Matrixport posted on the X platform that although Bitcoin faces multiple resistances, its price has rebounded above the range and may usher in a new breakthrough. Yesterday's attempt to break through the trend line failed due to market concerns that the US government will transfer Bitcoin (it is said that it was only transferred to a new custodial account). In addition, there may also be profit-taking before the FOMC meeting this week. Whatever the reason, this setback seems to be temporary and a new round of breakthroughs may be coming.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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