As Bitcoin returns to 45,000, trading institution Matrixport has released a statement suggesting that the price of Bitcoin may reach 50,000 US dollars in January. The reasons for this include the approval of Bitcoin spot ETFs, institutional buying, supply shortage, and historical trends. At the same time, Matrixport believes that the season of competing altcoins is approaching, and the funding cost of Bitcoin is rising.
Matrixport: Bitcoin Price Expected to Reach $50,000 This Week, These Factors Will Drive a Frenzied Surge