Bitcoin recently dipped below $40,000 but quickly bounced back to $40,070, boosting investor confidence.
Matrixport Research predicts Bitcoin may dip to $36,739, citing TradFi’s lukewarm interest in Bitcoin ETFs and profit-taking by Grayscale investors.
Recently, Bitcoin has weathered a challenging period, sinking below the $40,000 mark for the first time since December. On January 23, 2024, the cryptocurrency’s value plummeted to approximately $38,680, sparking investor concerns. However, Bitcoin has shown resilience, swiftly bouncing back and crossing the $40,000 threshold again, instilling newfound confidence within the crypto community.
Despite the recent resurgence, Matrixport Research, a prominent analytical firm, has issued a forecast suggesting that Bitcoin may dip further, potentially reaching a support level of $36,739. This prediction comes with the caveat that Bitcoin’s fate hinges on the overall macroeconomic environment and liquidity conditions.
A January 26 Matrixp

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/matrixport-predicts-bitcoin-price-plunge-to-36739-despite-recent-rally/?utm_source=rss&utm_medium=rss&utm_campaign=matrixport-predicts-bitcoin-price-plunge-to-36739-despite-recent-rally