Matrixport Research: $90,000 may be the key price indicator for judging the future trend of BTC | Bee Network
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With the approval of BTC spot ETF and its strong capital absorption, Wall Street has fully accepted BTC, and BTC is increasingly affected by global liquidity, macroeconomic conditions, central bank policies and institutional capital flows. In addition to macro factors, black swan events and other factors, the capital flow of arbitrage funds is also an important influencing factor in this BTC price correction. BTC price drop may be affected by hedge funds unwinding arbitrage positions Currently, there are two different types of Wall Street investors entering the BTC market. Wealth and asset managers. Hedge Funds Focusing on Non-Directional Returns Wealth and asset managers view BTC as digital gold and a long-term investment. This group of people may represent the group of wallets holding 100-1,000 BTC and become the largest type…# Analysis# Market# Meme CoinPre
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