Matrixport: It is recommended that institutional investors allocate both Bitcoin and gold

On November 22, Matrixport's latest weekly report shows that the progress of the fifth Bitcoin bull market coincides with its prediction for July 2023. The report predicts that Bitcoin will reach $125,000 in December 2024, and with Bitcoin approaching the $100,000 mark, this prediction becomes more credible.

The report recommends institutional investors to allocate both Bitcoin and gold based on the Black-Litterman asset allocation model. This investment portfolio is expected to achieve a return rate of 15.6% and a Sharpe ratio of 1.6 times. The research believes that although Bitcoin has performed better than gold in recent years, both assets have investment value due to their low correlation and macroeconomic prospects.

The report specifically points out that the post-US election gold sell-off may be a buying opportunity, and it is expected that global central banks will continue to promote asset diversification in the coming years, further increasing the importance of gold in institutional investment portfolios.