CandleFocus Matrixport, Knowing the Fall in Bitcoin Before, Shared Its Market Predictions for the End of the Year! Here Are the Details
2024-09-27
Author: Content Editor
Crypto firm Matrixport has released a report stating that Bitcoin is likely to see a recovery by the end of the year. The report highlighted that Bitcoin has entered a consolidation phase after reaching an all-time high in March 2024 but has already seen a 49% return since the beginning of the year. Based on historical data, the report predicts a high probability of a significant price recovery in early October. It also mentions that the coming weeks and months will bring exciting changes to the crypto asset market. The report also touches on the slight recovery in Ethereum mining fees, suggesting that the summer consolidation phase for the crypto asset may be ending. However, the report emphasizes the need to monitor Ethereum revenues and mining fees to determine if the recovery is sustainable.
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