Matrixport: “BTC likely to hit new high in Jun-Jul”

IconCryptoNewsTerminal Staff28 May, 2024

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Matrixport: “BTC likely to hit new high in Jun-Jul”

Crypto services provider Matrixport has said in a note on X that “seasonality has proven to be a good indicator for predicting the price of bitcoin. Historically, January has tended to be weak and February has been as expected, with a high hit ratio. Measured by this indicator, bitcoin is likely to scale new heights in June and July”.