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ummukay
$BTC is back above $80K, but the bigger question is whether the move has real staying power. 👀
Falling yields and softer Fed-hike expectations are helping, but ETF flows are becoming less consistent.
What’s even more interesting is BTC’s rising correlation with gold. 🥇
Are we seeing a new macro-driven Bitcoin regime, or will $BTC start trading more like a traditional risk asset again?
For me, $80K isn’t the victory lap.
It’s the level where demand needs to prove
itself.
#WallerEyesAugCPI
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