Matrixport said that although Bitcoin faces multiple headwinds on the upside
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Jul 30
its price has rebounded above the range and may usher in a new breakout. Yesterday's attempt to break through the trend line failed due to fears that the United States government would transfer bitcoin (which was allegedly just transferred to a new escrow account). In addition, there may also be profit-taking ahead of this week's FOMC meeting. Whatever the reason, this setback seems to be temporary, and a new round of breakouts may be on the horizon.

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Matrixport said that although Bitcoin faces multiple headwinds on the upside

Matrixport said that although Bitcoin faces multiple headwinds on the upside

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