Matrixport: Current market signals point to policy easing and economic slowdown, Bitcoin may face upward opportunities

Huobi HTX reported that Matrixport released a daily chart analysis saying that with the strengthening of gold, the decline in US Treasury yields, and the weakening of the US dollar, the macro environment is in a direction that is conducive to risky assets. In such environments, investors usually first hedge growth risks through gold and then allocate high beta assets such as Bitcoin, according to analyst Markus Thielen. Historical experience shows that Bitcoin has performed outstandingly in such a macro context and can often release considerable upward space after a short consolidation. The current market signal points to policy easing and economic slowdown, and the crypto market is particularly sensitive to these macro changes.