Matrixport： Bitcoin breaks through the downward channel, aiming at $90000

BlockBeats News: On April 22nd, Matrixport shared its market analysis today, stating that Bitcoin has broken through its previous downward channel and is currently performing better than the US stock market and bonds. More importantly, it once again demonstrates its value as a hedge against US dollar exposure assets, especially for American investors. This hedging role is similar to that of Bitcoin in Argentina, Türkiye and parts of southern Europe during the debt crisis in the past decade. As macroeconomic and geopolitical pressures rise, Bitcoin continues to demonstrate its importance in asset allocation. After this breakthrough, breaking the key resistance level of $90000 on Bitcoin has become a realistic possibility.