{"id":26045,"date":"2024-08-04T15:00:19","date_gmt":"2024-08-04T12:00:19","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=26045"},"modified":"2024-08-04T16:02:24","modified_gmt":"2024-08-04T13:02:24","slug":"matrixport-predicts-bitcoins-recovery-in-q4-2024","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/","title":{"rendered":"Matrixport Predicts Bitcoin&#8217;s Recovery in Q4 2024"},"content":{"rendered":"<p>Matrixport, a leading cryptocurrency analysis firm, has projected when Bitcoin&#8217;s condition might start to improve.<\/p>\n<p>According to Matrixport&#8217;s latest report, the fourth quarter of 2024 holds a positive outlook for Bitcoin. Despite the challenges faced in the third quarter, Bitcoin\u2019s trading range has narrowed, setting the stage for a potential breakout. This optimism is attributed to anticipated Federal Reserve interest rate cuts, favorable seasonal factors, and the upcoming US presidential elections.<\/p>\n<p>The report notes that while the Federal Reserve (<a href=\"https:\/\/coinengineer.net\/blog\/goldman-sachs-sees-potential-for-fed-rate-cuts-but-cautions-on-timing\/\">FED<\/a>) has not changed interest rates, FED Chairman Jerome Powell mentioned that a rate cut might be possible in the September meeting if inflation follows the predicted path. Matrixport&#8217;s inflation model forecasts a gradual decline in the Consumer Price Index (CPI) over the next year. The possibility of several quarter-point rate cuts in the coming quarters could provide liquidity and incentives for risky assets like Bitcoin.<\/p>\n<p>With current interest rates at 5.25% and the inflation rate at 3%, the gap reflects the FED&#8217;s restrictive policy. According to the report, this indicates that the FED might significantly reduce interest rates over the next twelve months, which could benefit Bitcoin.<\/p>\n<p>Matrixport\u2019s report also highlights the seasonal challenges Bitcoin typically faces in August and September. Historically, these months see low trading volumes due to the summer holiday period and traders awaiting economic indicators and central bank policy decisions in the fall, leading to steady returns and weak performance.<\/p>\n<p>The report suggests that the US presidential elections could bring positive news for Bitcoin. If former President Donald Trump is re-elected, his administration might adopt a more favorable regulatory stance towards cryptocurrencies, reducing regulatory uncertainties and promoting innovation. Trump\u2019s recent attendance at the Nashville Bitcoin conference was well-received, although he did not outline specific plans for a Bitcoin reserve.<\/p>\n<p>By focusing on these key factors, Matrixport\u2019s analysis provides a comprehensive outlook on Bitcoin\u2019s potential recovery and the broader market dynamics influencing it.<\/p>\n<div>\n<div>\n<div class=\"content\" tabindex=\"0\">\n<div class=\"ac-container ac-adaptiveCard\">\n<div class=\"ac-textBlock\">\n<div>\n<div>\n<div>\n<div class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">\n<div class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">\n<p class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram<\/strong>,\u00a0<\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"kk-star-ratings kksr-auto kksr-align-center kksr-valign-bottom\" data-payload=\"{&quot;align&quot;:&quot;center&quot;,&quot;id&quot;:&quot;9483&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;What is First Digital USD (FDUSD) Coin?&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}\">\n<div class=\"kksr-stars\">\n<div class=\"kksr-stars-inactive\">\n<div class=\"kksr-star\" data-star=\"1\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Matrixport, a leading cryptocurrency analysis firm, has projected when Bitcoin&#8217;s condition might start to improve. According to Matrixport&#8217;s latest report, the fourth quarter of 2024 holds a positive outlook for Bitcoin. Despite the challenges faced in the third quarter, Bitcoin\u2019s trading range has narrowed, setting the stage for a potential breakout. This optimism is attributed<\/p>\n","protected":false},"author":1,"featured_media":24166,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[3327,61,1730,3752,3383],"class_list":["post-26045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-3327","tag-bitcoin","tag-donald-trump","tag-federal-reserve","tag-matrixport"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Matrixport Predicts Bitcoin&#039;s Recovery in Q4 2024 - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Matrixport Predicts Bitcoin&#039;s Recovery in Q4 2024 - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Matrixport, a leading cryptocurrency analysis firm, has projected when Bitcoin&#8217;s condition might start to improve. According to Matrixport&#8217;s latest report, the fourth quarter of 2024 holds a positive outlook for Bitcoin. Despite the challenges faced in the third quarter, Bitcoin\u2019s trading range has narrowed, setting the stage for a potential breakout. This optimism is attributed\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-04T12:00:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-04T13:02:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Bitcoin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/\",\"name\":\"Matrixport Predicts Bitcoin's Recovery in Q4 2024 - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Bitcoin.jpg\",\"datePublished\":\"2024-08-04T12:00:19+00:00\",\"dateModified\":\"2024-08-04T13:02:24+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Bitcoin.jpg\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Bitcoin.jpg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Matrixport Predicts Bitcoin&#8217;s Recovery in Q4 2024\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/coinengineer.net\/\"],\"url\":\"https:\/\/coinengineer.net\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Matrixport Predicts Bitcoin's Recovery in Q4 2024 - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/","og_locale":"en_US","og_type":"article","og_title":"Matrixport Predicts Bitcoin's Recovery in Q4 2024 - Coin Engineer","og_description":"Matrixport, a leading cryptocurrency analysis firm, has projected when Bitcoin&#8217;s condition might start to improve. According to Matrixport&#8217;s latest report, the fourth quarter of 2024 holds a positive outlook for Bitcoin. Despite the challenges faced in the third quarter, Bitcoin\u2019s trading range has narrowed, setting the stage for a potential breakout. This optimism is attributed","og_url":"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/","og_site_name":"Coin Engineer","article_published_time":"2024-08-04T12:00:19+00:00","article_modified_time":"2024-08-04T13:02:24+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Bitcoin.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/","url":"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/","name":"Matrixport Predicts Bitcoin's Recovery in Q4 2024 - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Bitcoin.jpg","datePublished":"2024-08-04T12:00:19+00:00","dateModified":"2024-08-04T13:02:24+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Bitcoin.jpg","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/07\/Bitcoin.jpg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/matrixport-predicts-bitcoins-recovery-in-q4-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Matrixport Predicts Bitcoin&#8217;s Recovery in Q4 2024"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/coinengineer.net\/"],"url":"https:\/\/coinengineer.net\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/26045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=26045"}],"version-history":[{"count":3,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/26045\/revisions"}],"predecessor-version":[{"id":26048,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/26045\/revisions\/26048"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/24166"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=26045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=26045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=26045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}