Post-FED Rally Expectation for Bitcoin: Here is the Price Target of the Chinese Giant Company!

Matrixport, the cryptocurrency company of Chinese billionaire Jihan Wu, targeted the 35-36 thousand band with a 20% increase in Bitcoin (BTC).

In the research report Matrixport shared on May 4, of bitcoin %20 with approx. 35-36 thousand to dollar levels can rise stated. Bitcoin in the report above TRUE break an existing potential wedge formation Stating that they have determined the formation, the company will move upwards if the formation is approved. high accelerated One price change highlighted that it can be seen.

The report states that trading volumes have fallen, but rise of your potential that you continue marked. Moreover ten chains in the data part number of transactions a new you broke the record the number of active addresses 1 million around the levels strong somehow from clinging said to originate.

On the other hand, yesterday The US Federal Reserve (FED) 25 bases point rate hike last part of the loop and new interest increments not expected of Matrixport was among his statements.

Also, in the report of meme tokens actively by being tradable crypto- of sensitivity also important you have improved considerably underlined.

Head of Research Unit Markus Thielen after the end of the balance sheet period risk assets And resumption of share purchases and that stocks And risky assets for general One supporting wind to be will continue suggested.

According to Coinecko data, the latest 30 days in 4.9% appreciated BTC, end 24 hours in 2.3% rise live the end 24 hours in 29,173 traded at the dollar level.

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