Matrixport: If Bitcoin keeps the current support range, it may climb to $140,000 at the end of summer

According to Foresight News, according to Matrixport's analysis, global liquidity changes have repeatedly reflected Bitcoin's trend in advance in the past 18 months and are regarded as an important "leading indicator". However, as the market structure evolves, the predictive effectiveness of this model is weakening and requires continuous verification and dynamic adjustment.


Currently, the price of Bitcoin fluctuates between $105,000 and $110,000, which is basically consistent with the 13-week lag rhythm prompted by the model. If the correlation continues to be effective, Bitcoin needs to maintain its current support range before it can maintain its upward expectations and may further climb to $140,000 by the end of this summer.


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