Bitcoin Will Rise During Chinese New Year, Matrixport Says

Chinese New Year and Bitcoin Price Matrixport, a crypto asset (virtual currency) service company, released a market analysis report on the 20th. Buying bitcoin (BTC) at the end of the first day of Chinese New Year (Lunar New Year) and selling it 15 days later will yield an average return of +9%. Source: Matrixport Relation: Bitcoin hits year-to-date high NY Dow/cryptocurrency-related stocks overall high | 21 Markus Thielen, head of research at Matrixport, said the last eight years (2015-2022) have all yielded positive returns, continuing: This is a 100% hit rate (8 wins, 0 losses). If historical history is any