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Black Nova
$BTC IS STARTING TO TRADE LIKE GOLD — NOT TECH
Something interesting is happening with Bitcoin.
BTC’s 90-day correlation with gold just hit **+0.50**, its highest level since the pandemic, while its correlation with Nasdaq dropped to a 1-year low.
That matters.
Bitcoin may be slowly moving away from the “high-risk tech asset” narrative and back toward **macro hedge / digital gold** territory.
And if that decoupling continues, the next BTC move could look very different from the stock

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