Summary
- Matrixport reported that Bitcoin's bull market is still ongoing.
- The current bull market for Bitcoin began at the end of 2022 and is characterized by robust resilience.
- They emphasized that the current 10% price correction of Bitcoin could be a strategic buying opportunity.
The price of Bitcoin (BTC) has fallen below $100,000, but an analysis suggests that the bull market is still ongoing.
Cryptocurrency service provider Matrixport stated on the 27th via X that "the chart clearly shows that Bitcoin is still in a bull market." Matrixport noted, "The current Bitcoin bull market started at the end of 2022" and is characterized by "robust resilience."
Matrixport emphasized that there is a buying opportunity at this time. Matrixport stated, "A 10% correction from the price a month ago could be a strategic buying opportunity for traders looking to leverage the current momentum."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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