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Matrixport: Macro Environment Changes May Create Upside Opportunities for Bitcoin
Summary: Matrixport analysis suggests that with the strengthening of gold, the decline in US bond yields, and the weakening of the US dollar, the macro environment is favorable for the development of risk assets. Analyst Markus Thielen points out that in such environments, investors typically hedge growth risks with gold first, followed by allocating to high-beta ...
Matrixport analysis suggests that with the strengthening of gold, the decline in US bond yields, and the weakening of the US dollar, the macro environment is favorable for the development of risk assets. Analyst Markus Thielen points out that in such environments, investors typically hedge growth risks with gold first, followed by allocating to high-beta assets such as Bitcoin. Historical experience shows that Bitcoin performs well in such macro backgrounds, often releasing significant upside potential after a brief consolidation. Current market signals point to loose policies and economic slowdown, with the crypto market being particularly sensitive to these macro changes.
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Link: Matrixport: Macro Environment Changes May Create Upside Opportunities for Bitcoin [Copy]
