Tuesday, May 14, 2024
Home > News > Bitcoin News > Matrixport Says Traders Should Monitor BTC Price for Drop Below $25,800

Matrixport Says Traders Should Monitor BTC Price for Drop Below $25,800

“With tight stop losses, we would be long bitcoin, expecting lower treasury yields and a rally in U.S. tech stocks. We expected a 10% correction by the end of the summer, which we have gotten, and with the appropriate risk management approach, traders can try to be long again,” Thielen said in Tuesday’s market update.

Source