Matrixport Investment Research: el nuevo máximo de BTC podría llegar a finales de año o en 25 años

Last October, Matrix on Target predicted the price trajectory of BTCs fifth bull run. The model predicts that BTC will rise from $22,500 in late January 2023 to $45,000 by the end of the year, an increase of +100%. Then there will be a correction below $40,000 in early January 2024, and then climb to $63,130 in March, then fall to a low of $50,000 in the summer, and finally rise to $125,000 in a parabolic pattern.

After fact checking, the BTC price is only 3% away from the target of $45,000 predicted by Matrix on Target, and less than 1% away from the predicted halving price level of $63,130, but the halving occurred later than originally expected. At present, the BTC price trend is relatively close to the previous prediction. Although it has not yet reached the target of $125,000, according to the current market development, BTC may reach a new high by the end of 2024 or 2025, and the high may not reach the target of $125,000 at once.

The core PCE price index rose 0.3% month-on-month in September, and the Federal Reserve may take a cautious approach to rate cuts

The U.S. core PCE price index recorded an annual rate of 2.7% in September, unchanged from the previous month. The U.S. core PCE price index recorded a monthly rate of 0.3% in September, rebounding from the previous month (0.2%). The PCE inflation index saw its largest monthly increase since April, supporting the Feds slowing pace of interest rate cuts after a sharp cut last month. Consumer spending adjusted for inflation increased by 0.4%, supported by a 0.1% increase in real income. The savings rate fell to 4.6%. The data indicates that the Fed will be cautious in cutting interest rates in the coming months.

The latest poll data is released, Harris leads Trump by a narrow margin of 1%

According to Forbes, a recent poll shows that US Vice President and Democratic presidential candidate Harris leads former US President and Republican presidential candidate Trump by only 1%, but 10% of voters may change their minds before the election. In the seven key swing states that may determine the final winner of the election, Harris leads Trump by 49% to 48%, while a week ago, Trump led Harris by 50% to 46%.

Algunas de las vistas anteriores provienen de Matrix on Target. Contáctenos para obtener el informe completo de Matrix on Target.

Aviso legal: El mercado es riesgoso y se debe invertir con cautela. Este artículo no constituye asesoramiento de inversión. El comercio de activos digitales puede ser extremadamente riesgoso e inestable. Las decisiones de inversión deben tomarse después de considerar cuidadosamente las circunstancias personales y consultar a profesionales financieros. Matrixport no es responsable de ninguna decisión de inversión basada en la información proporcionada en este contenido.

This article is sourced from the internet: Matrixport Investment Research: BTCs new high may come by the end of the year or in 25 years

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