TechFlow reported that Matrixport, a Singapore-based crypto financial services firm under Wu Jihan, expects Bitcoin to surge dramatically to $50,000 in January, driven by factors such as the upcoming approval of Bitcoin Spot ETFs, institutional buying, supply shortages, and historical trends. The firm also suggests that this momentum could trigger an altcoin season, with funding rates potentially reaching +66%.
Previous report, Matrixport forecasted Bitcoin's explosive rise to $50,000 in January.




