Bitcoin approaches critical $63K support: What happens next?
5 Articles
5 Articles


Is a four-year Bitcoin cycle dead?
As financial institutions, corporations, and governments increasingly began to adopt Bitcoin, some observers of the crypto market started to question whether the four-year cycle model typically applied to Bitcoin is still relevant. Let’s see how this cycle is designed and…
Bitcoin Poised for Surge as China Vows Retaliation to Trump’s 50% Tariff Threat
Bitcoin May Benefit from Rising U.S.-China Tensions As geopolitical tensions rise, Bitcoin is once again in the spotlight with investors. While China threatened to hit back hard against Donald Trump’s proposed 50% tariff on Chinese imports, crypto analysts believe Bitcoin is on the verge of a huge breakout. Matrixport, a Singapore blockchain company, cited similarities with 2015, when the devaluation of the yuan first caused a sell-off before Bi…
Matrixport: Bitcoin Set For Potential Rally As USDCNY Approaches Key Resistance
Cryptocurrency service provider Matrixport published a cryptocurrency market analysis highlighting that after the devaluation of the Chinese RMB in 2015, Bitcoin initially faced a sell-off but ended the year with a strong performance. The firm suggests that a similar pattern might occur now, drawing comparisons to its previous bullish stance on gold made 18 months ago. Matrixport notes that the USDCNY exchange rate appears to be approaching key…
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