Matrixport: The possibility of further decline of Bitcoin cannot be ruled out
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最新报道：According to Matrixport's daily chart analysis, Bitcoin has retreated into the $106,000 to $108,000 breakout range we've been closely monitoring. In our recent Matrix on Target report, we took a more conservative stance, warning that this pullback to $108,000 may be just the beginning. Since late July, we've consistently highlighted seasonal weakness as exacerbating resistance facing Bitcoin. Now, with US jobs data approaching this week and Bitcoin trading at a key technical level, a potentially significant move is poised to unfold. While many traders would be surprised by further Bitcoin declines, we cannot rule it out. Interest rate cuts are often cited as catalysts for cryptocurrency rallies, but they rarely come without scars.
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