Matrixport | ForkLog

ForkLog 9 23.02.2024

Matrixport Predicts Bitcoin Could Reach $63,000 by March

The target of $63,000 for Bitcoin by March 2024 appears attainable, according to a report by Matrixport. Matrixport released a new report stating that BTC’s goal of reaching $63,000 in March 2024 is achievable. Catalysts include: the approval of a Bitcoin spot ETF, the Bitcoin halving, expectations of an interest rate cut after the Fed’s […]

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ForkLog 5 26.01.2024

JPMorgan Foresees Bitcoin Stabilization as GBTC Sales Dwindle

The downward trend of Bitcoin appears limited as profit-taking in GBTC has largely concluded, according to JPMorgan analysts, reports The Block. This assessment is based on the $4.3 billion outflow from the product since its conversion from a trust to an ETF, surpassing the bank’s forecast of $3 billion. Inflows and outflows dynamics in spot […]

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ForkLog 7 08.01.2024

Bitcoin Faces Correction Risks Ahead of Halving, Experts Warn

In March, a sell-off in Bitcoin may occur ahead of the halving. This conclusion was reached by analysts at Matrixport. According to the experts’ calculations, the average return of digital gold in years when miner rewards are halved (2012, 2016, and 2020) is 17%. This supports their target of $50,000 for January 2024: $42,265 on […]

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ForkLog 8 04.01.2024

Matrixport Predicts SEC Will Reject Spot Bitcoin ETF Applications in January

Matrixport analyst Markus Thielen believes that the U.S. Securities and Exchange Commission (SEC) will reject all applications for launching a spot Bitcoin ETF in January.

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ForkLog 8 21.12.2023

Matrixport forecasts Bitcoin at $50,000 in January

If the SEC approves spot Bitcoin ETFs in early January, the price of Bitcoin by the end of the month will rise to $50,000. This forecast was given by Matrixport experts.

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ForkLog 15 08.12.2023

Experts analyse Bitcoin rally and offer forecast for 2024

As 2024 approaches, Matrixport looked back at how Bitcoin's rally has unfolded, while VanEck analysts shared 15 predictions for the crypto market's outlook.

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ForkLog 8 01.12.2023

Matrixport confirms Bitcoin forecast to hit $63,000 by April 2024

Digital gold is expected to rise to $63,140 by April 2024 and to $125,000 by the end of the next calendar year. These estimates were confirmed by Matrixport analysts.

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ForkLog 6 10.11.2023

Matrixport: Bitcoin to Reach $40,000–$45,000 in 2023

Matrixport: a breakout above $36,000 would push BTC toward the technical resistance at $40,000 and potentially set the stage for a move to $45,000 by the end of 2024.

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ForkLog 15 07.11.2023

Matrixport: Bitcoin shorts may be hit by the Santa Claus squeeze

Matrixport: recent macro shifts hint at a potential rally in the cryptocurrency market. Higher beta in altcoins reinforces this signal.

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ForkLog 19 06.11.2023

Roger Ver sues Matrixport subsidiary over frozen $8m

In 2022, the 'Bitcoin Jesus' and Bitcoin.com founder Roger Ver filed a lawsuit against Smart Vega Holding Limited—the Seychelles subsidiary of Matrixport run by Jihan Wu.

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ForkLog 23 26.10.2023

Matrixport: Bitcoin to reach $125,000 by end-2024

The fifth bull market for digital gold officially began on June 22, 2023, and by December 2024 prices could reach $125,000, according to Matrixport analysts.

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ForkLog 7 19.10.2023

Matrixport: ETF approval could push Bitcoin to $56,000

Approval by the SEC to launch a spot Bitcoin ETF will lay the groundwork for Bitcoin's price to rise to $42,000–$56,000, according to Matrixport analysts.

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