Matrixport’un According to the latest daily graphic analysis Bitcoin (BTC), The Federal Reserve is trying to get out of the last decline trend supported by the light pigeon stance and President Donald Trump giving a more targeted approach signal to tariffs.
MatrixPort: Bitcoin is trying to break the Fed’s pigeon tone and Trump’s trade policy change in the midst of the change trend
Compared to the previous weeks, these factors created a more constructive market environment and potentially paved the ground for a stronger recovery in crypto markets.
End -quarter sales pressure decreases
Matrixport analysts also stated that the end -quarter sales pressure from arbitrage funds may be decreasing:
- Low funding rates reduce incentives for aggressive sales.
- Most of the latest sales seem to be completed.
According to the report, the existing catalysts are not strong enough to carry Bitcoin to the highest levels of all time, but the overall market appearance significantly improved significantly.
While investors monitor macroeconomic developments and policy changes that may affect the next movement in the market, Bitcoin continues to be traded on the basic support levels of Bitcoin according to the press time.
*It is not an investment advice.
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Source: https://www.bitcoinsistemi.com/kripto-firmasi-matrixporttan-bitcoin-raporu-dusus-trendinden-cikmaya-calisiyor-iste-detaylar/
