Crypto Finance Platform Matrixport Issues Bear Market Warning for Bitcoin (BTC)! Here Are the Details

Crypto finance platform Matrixport, in its latest market assessment, warned that Bitcoin’s price movements were similar to past “mini bear market” periods and that the market may have entered a small-scale bear trend.

Matrixport: Bitcoin May Have Entered a “Mini Bear Market,” Market at a Critical Turning Point

According to the report, the current outlook points to a critical period that requires investors to be more careful about risk management.

Matrixport emphasizes that the market is showing signs of weakening, both in terms of fund flow and macroeconomic conditions. According to the agency’s analysis, inflows into spot Bitcoin ETFs have slowed significantly in recent weeks.

While both short-term investors and long-term institutional funds are reducing their positions, there is no new macroeconomic catalyst that will strengthen the market again at this stage.

The analysis underlines that the future direction of the Bitcoin price depends largely on the policy decisions to be taken by the US Federal Reserve (Fed) in the future.

Matrixport stated that the market is currently at a significant breaking point, and that critical structural price levels and macro indicators will determine whether the market will enter a deeper decline or enter a gradual bottoming process in the coming period.

The agency urges investors to exercise strict risk control in an environment of uncertainty, closely monitor changes in market sentiment, and be prepared for a period in which volatility may increase.

*This is not investment advice.

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Source: https://en.bitcoinsistemi.com/crypto-finance-platform-matrixport-issues-bear-market-warning-for-bitcoin-btc-here-are-the-details/