Matrixport: Bitcoin is expected to surge to $50,000 in January
Digital asset financial services company Matrixport stated in a post that it is expected that Bitcoin will soar to $50,000 in January, driven by factors such as the imminent approval of Bitcoin spot ETFs, institutional buying pressure, supply shortages, and historical trends. It is also possible that the altcoin season will be ushered in.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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