Matrixport: The likelihood of BTC retesting $73,392 is gradually increasing
ChainCatcher message, Matrixport stated today that despite showing strong resilience, the likelihood of Bitcoin retesting the 38.2% Fibonacci retracement level (around $73,392) is gradually increasing. Currently, Bitcoin has faced multiple obstacles at the 23.6% retracement level (around $87,000), which has become a key resistance.The report pointed out that Trump's latest tariff policy has triggered widespread market liquidation, and the backdrop of rising risk aversion is putting pressure on Bitcoin prices. In addition, concerns among American consumers about inflation have intensified, and Federal Reserve Chairman Powell recently hinted at maintaining the current interest rate stance, which may limit Bitcoin's ability to benefit from loose monetary policy in the short term.