Matrixport: Bitcoin price is consolidating today, and the upward trend is being challenged

ChainCatcher news, Matrixport’s latest report states that Bitcoin prices have rebounded significantly since early February and have established a clear upward trend line. This uptrend is being challenged as prices consolidate today. Some believe that Bitcoin typically experiences a decline before halving; others believe that it is related to the expected repricing of U.S. interest rates. Bitcoin has been struggling this month.