Bitcoin Market Anticipated To Surge Amid Economic Shifts

According to PANews, a recent report by Matrixport suggests that the Bitcoin market may experience a significant surge due to changes in the macroeconomic landscape. The report highlights that key support levels for gold, oil, treasury yields, and the US dollar are on the verge of being breached, potentially triggering major economic shifts that could lead to a period of high volatility for Bitcoin. The report also recalls Matrixport's accurate prediction in October 2022 regarding the ideal entry point for Bitcoin, which was subsequently validated. Additionally, it mentions that Bitcoin halving events typically trigger bull markets approximately 250 days before the halving and continue for about 250 days afterward.