PANews reported on April 22 that Matrixport analysis pointed out that Bitcoin has broken through the previous downward channel, outperforming US stocks and bonds, and strengthening its role as an asset to hedge the value of the US dollar. Especially for US investors, Bitcoin's hedging role is particularly important, similar to its performance during the debt crisis in Argentina, Turkey and southern Europe. As macroeconomic and geopolitical pressures increase, the importance of Bitcoin in asset allocation continues to be verified. After this breakthrough, it is possible for Bitcoin to break through the key resistance level of $90,000.