Matrixport: The rise of Bitcoin in July was predictable, and the current upward trend is driven by multiple macro factors.

[Matrixport: Bitcoin's rise in July has been predictable, and the current upward trend is driven by multiple macro factors] Matrixport released a daily chart analysis stating, "At the beginning of July, we pointed out that Bitcoin was expected to rise to $117,244 due to seasonal factors. Although the market holds a cautious expectation for summer trends, data trends actually show that breakthrough signs have long been evident, ultimately pushing the price to refresh its historical high. Looking back at history, Bitcoin has risen in July 7 out of the last 10 years, with an average increase of 9.1%. The current rising trend is driven by multiple macro factors: the continuous strengthening of US stocks boosts market confidence, Trump continues to pressure the Federal Reserve, and the approval of the bill known as "Big Beautiful Bil!" to raise the fiscal deficit ceiling has intensified the market's expectations for liquidity release. As for whether there is further room for the market to rise, we will continue to follow up in subsequent reports. From the current market performance, it is gradually confirming our previous predictions.