Goldman Sachs Calls for $32 Billion Market Earthquake, Chinese Cryptocurrency Analyst Cautions Next Week for Bitcoin

Goldman Sachs announced at the beginning of April that they would rebalance the portfolios of pension funds in the United States.

Goldman Sachs predicts that pension funds could sell an estimated $32 billion in stocks by the end of the quarter to rebalance their portfolios.

This comes as stocks are poised to complete another strong quarter.

Jinze, a former analyst at Binance Research, weighed in on the situation, highlighting its potential impact on the Bitcoin Spot ETF market. “The impact of quarter-end rebalancing by large funds became evident as stocks that had previously made big gains faced selling pressure,” Jinze said.

According to Jinze, the quarter-end rebalancing could create significant demand for the Bitcoin ETF, which only launched in January. Jinze added, “Funds that want to invest have not yet had time to add to their portfolios, and next week may be a week of strong inflows.”#Memecoins #BinanceLaunchpool #BullorBear #BinanceLaunchpool #BullorBear