Matrixport: Strongly Bullish on Bitcoin's Long-Term Outlook

BlockBeats News, September 3rd, Matrixport posted on its official channel stating that gold has broken through the $3400 mark—a key resistance level that has been suppressing the price for the past four months. Despite the relatively moderate currency issuance at present, this rally has still emerged, with forward-looking investors simultaneously positioning themselves in gold and Bitcoin. While Bitcoin is still in a consolidation phase, its long-term outlook remains decidedly bullish. (This analysis was written by independent analyst Markus Thielen)