Matrixport: Bitcoin price may experience a significant rebound in early October

Odaily Planet Daily reports that Matrixport has released a report on platform X stating that Bitcoin is very likely to rebound by the end of the year, bringing surprises to many market participants. Although Bitcoin has been consolidating since reaching a historical high in March 2024, its return rate from the beginning of this year has also reached +49%, which is roughly equivalent to the predicted return rate of +47% based on historical data.

Based on Bitcoin's performance over the past decade, if this historical trend continues, there could be a significant price rebound in early October. For all participants in the crypto asset field, the coming weeks and months will be an exciting period of change.

In addition, a slight rebound in Ethereum miner fees suggests that the summer consolidation phase for crypto assets may come to an end. Whether or not this rebound momentum will continue requires more detailed and rigorous analysis of Ethereum revenue and miner fee trends.

Closely monitoring these indicators can provide deeper insight into whether recent rebounds are sustainable. If they are not sustainable, it indicates that there might be new changes in market activity logic.