Matrixport: The ideal time to "buy at the bottom" Bitcoin has not yet reached

西岸风

数字货币大师

04-09 18:22

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On April 9, Matrixport released a daily icon analysis saying that Bitcoin is currently in another phase of adjustment. Historically, Bitcoin has seen a significant rebound when the Stochastics Index fell to 15% in the past four times. However, the indicator is still at 25% at the moment, indicating that the market may not be close to the rebound.

Although President Trump claims that China is eager to negotiate, China has not responded and market sentiment remains cautious. Meanwhile, despite a 20% pullback in U.S. stocks, the Treasury Department or the Fed have not yet released a support signal, so it may not be the ideal time to "buy the bottom" Bitcoin until the stochastic indicators approach the critical 15% threshold.

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