I don't know how he saw that it was going to break out, but I still like what he said, but I just hope that the breakthrough he said is upward, not downward!

Matrixport: A new round of breakthroughs may be coming

On July 30, Matrixport posted on the X platform that although Bitcoin faces multiple resistances on the upside, its price has rebounded above the range and may usher in a new breakthrough. Yesterday's attempt to break through the trend line failed due to market concerns that the US government will transfer Bitcoin (allegedly just transferred to a new custodial account).

In addition, there may also be profit-taking before the FOMC meeting this week. Whatever the reason, this setback seems to be temporary and a new round of breakthroughs may be coming.

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