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BTC ≠ Gold. Don’t confuse leverage with real demand. Seeing a lot of people compare the BTC move to the gold/silver debasement trade, but the setups are very different. Gold and silver are ripping because real buyers are repricing inflation and currency debasement. BTC? A huge part of this move came from billions in liquidations over just four days—first shorts, then longs. That’s leverage, not necessarily a fundamental re-rating. #DailyOrbit