Analyst: Amid high Brent crude oil prices, Bitcoin is facing a severe macro environment Analyst Darkfost pointed out in a post that as Brent crude oil prices remain above $100, Bitcoin is facing a severe macro environment. The sustained rise in Brent crude oil prices may indicate an economic slowdown, which in turn limits the available liquidity in the market, especially in high-risk asset markets such as Bitcoin. In the long run, when Brent crude oil prices enter a strong upward trend and exceed their annual average, Bitcoin's performance often slows down; On the contrary, when the price of Brent crude oil drops significantly, Bitcoin often experiences a rebound. The causal relationship between Bitcoin and Brent crude oil is not simple. The real potential adverse impact on risky assets is the economic environment accompanied by the rise in oil prices. In July, there was a brief respite in the market, and Bitcoin immediately seized this opportunity.