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Analysis: Bitcoin needs to hold the current support range to maintain the pump expectation, and it may climb to $140,000 by the end of this summer.
PANews June 18 news, according to Matrixport analysis, over the past 18 months, global liquidity changes have repeatedly reflected Bitcoin trends in advance, and are regarded as important "leading indicators." However, as the market structure evolves, the predictive power of this model is weakening and requires continuous validation and dynamic adjustment. Currently, the price of Bitcoin is fluctuating in the range of $105,000 to $110,000, which is basically consistent with the 13-week lag rhythm indicated by the model. If the correlation remains valid, Bitcoin needs to hold the current support range in order to maintain the upward expectation, and may further rise to $140,000 by the end of this summer.