Bitcoin’s correction may extend to April: Matrixport research

Quick Summary:

Macroeconomic trends and central bank policies suggest Bitcoin’s correction may extend to April as the US dollar strengthens, according to Matrixport.

Some Bitcoin traders thrive on the concept of “buy the dip,” which refers to accumulating Bitcoin when prices correct, much like purchasing a product at a discount.

Charles Edwards, founder of digital asset fund Capriole Investment, told Cointelegraph in an earlier interview that the significant fear level and liquidations may indicate the market is near a short-term bottom.

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Article Details

Author / Journalist: Cointelegraph by Yohan Yun

Category: Crypto

Markets: United StatesCanadaMexico

Topics: Correction Matrixport Trends Market Bitcoin’s Macroeconomic Been Bitcoin Traders Dollar According

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-28 @ 11:23:24 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 468 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 26510470

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 80 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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