Matrixport: bitcoin will fall to $ 73,000

Analysts at Matrixport predict a possible drop in bitcoin BTC $82,910.94 Bitcoin -1.02% Market capitalization $1.65 trillion VOL. 24 hours $1.01 billion to the support level of $ 73,000. Experts note that the price of the first cryptocurrency is increasingly influenced by the actions of institutional traders, and Wall Street plays a key role in shaping market trends.

Bitcoin’s recent drop to $ 86,000 was partly caused by Donald Trump’s statements about imposing import tariffs, as well as a possible six-month postponement of consultations on the strategic bitcoin reserve. At the time of analysis, the asset was trading at $ 86,500.

Former Binance CEO Чанпен Чжао" href="https://noworries.news/biography/chanpen-chzhao/" data-bio-id="3681">Changpeng Zhao reassures investors, emphasizing that «bitcoin will not die.» At the same time, Maelstrom Investment Director Arthur Hayes also allows for a correction to $ 70,000 if the Trump administration fails to approve a budget with a higher debt ceiling.

Experts advise not to panic and watch the situation develop further. Despite the decline, bitcoin remains the main asset of the crypto market, and the long-term prospects for its growth remain relevant.