Matrixport: Capturing short-term dips in Bitcoin during a bull market can often yield substantial returns
ChainCatcher news, Matrixport released a chart report indicating that the price of Bitcoin has fluctuated between +20% and -10% over the past 30 days. When the price drops to -10%, investors typically see returns of up to 20%, or even 40%, in the following weeks. As long as Bitcoin remains in a bull market, this trend may continue.
If Trump wins the U.S. presidential election or the Federal Reserve cuts interest rates, prices could rise. However, due to the uncertainty surrounding the U.S. elections and economic growth, any rebound may take a longer time period, similar to the past 10% adjustment period.
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