Analysis: Macro factors help Bitcoin continue its upward trend, inflation remains the core risk

According to ChainCatcher, the Matrixport investment research report pointed out that the US economy is resilient, narrowing credit spreads reduces corporate refinancing costs, promotes artificial intelligence applications to improve operational efficiency, and provides support for risky assets. Historical data show that the narrowing of credit spreads is often accompanied by the strengthening of the stock market and Bitcoin, increasing the possibility of this round of Bitcoin market continuation. However, inflation remains the core risk. The model predicts that inflation will fall below 2% in the future, which is different from general market expectations. The decline in energy prices and the decline in housing costs may reduce the possibility that inflation will remain high for a long time. Although the drivers of Bitcoin's next round of market trends are still unclear, a new round of upward momentum is gradually forming.