PANews reported on August 23 that according to a Matrixport report, as the macroeconomic situation changes, the Bitcoin market may usher in a new round of surge. The report pointed out that gold, oil, Treasury yields and the US dollar are about to break through key support levels, which may trigger major macroeconomic changes and cause Bitcoin to enter a period of high volatility. The report also mentioned that in October 2022, Matrixport accurately predicted the ideal entry point for Bitcoin and successfully verified the accuracy of its prediction. In addition, the Bitcoin halving event usually triggers a bull market about 250 days before the halving and continues for about 250 days after the halving.