Matrixport Associates: cottage season may open when BTC halves
Daniel Yan, co-founder of Matrixport, tweeted that the start of the torrents season should start around mid-April, which is when the halving event took place.
Its belief is that the BTC ATH target has been met, but is still a long way off for most torrents ATH. We need to see BTC close above $70,000 on a weekly basis to confirm the nature of its "clear breakout".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Russian banking giant VTB plans to allow clients to trade bitcoin and other cryptocurrencies directly
Bitget has launched the USDT-margined BSU perpetual contract, with a leverage range of 1-20x.
Data: MON trading volume on Solana continues to rise, Byreal MON-USDT liquidity pool approaches 1,500%