07:33
Matrixport: Bitcoin may dip to $112,000, as the market awaits the Fed's FOMC meeting for the most critical catalyst.
Matrixport's research report points out that Bitcoin has failed to hold the downward trend line and may test $112,000 again. The market remains cautious about the Fed's interest rate decision in September, and traders should follow price breakthroughs or pullbacks to formulate strategies. Currently, the market is in a wait-and-see phase, anticipating clearer directional signals.
BTC-2.16%