Matrixport: Macroeconomic changes are expected to drive the next rally in Bitcoin

ChainCatcher message, according to a report from Matrixport, the financial market seems calm on the surface, but as gold, oil, government bonds, and the dollar are all nearing critical support levels, a significant turning point may be on the horizon. This situation indicates that a major shift in the macroeconomy is imminent, but its effects may take several months to fully materialize.

Some policy proposals from U.S. presidential candidates raise questions about their sustainability, and while the financial market is predicting the winner, it is also concerned about the rapidly rising debt levels. Historical data suggests that bull markets typically begin around 250 days before a halving and last for about 250 days.

When bond yields rise and gold prices rebound simultaneously, it usually indicates that the economy is in a unique and somewhat contradictory environment, and Bitcoin is likely to become a major beneficiary asset.