Matrixport: Some forward-looking investors have begun to synchronize allocations of gold and Bitcoin

Odaily Planet Daily News Matrixport released a chart today saying that gold broke through the $3,400 mark, breaking phased resistance over the past four months. Long before BlackRock proposed the concept of "digital gold", we pointed out the investment value of gold and its correlation with Bitcoin. We first proposed gold allocation proposals in the summer of 2023, when the price of gold was approaching a breakout of $2,000. Gold has risen to $3,600 and is expected to further reach $4,000, the strategy achieved a 100% return in two years. Gold continues to rise when the monetary environment is not significantly loose, indicating that some forward-looking investors have begun to simultaneously allocate gold and Bitcoin. Bitcoin is currently in a consolidation stage, but the long-term trend is still firmly bullish.