The trend of $BTC over these two months is really a bit against human nature.
> If the US stock market pulls back, it doesn’t follow; if gold weakens, it doesn’t follow; if A-shares and crude oil move down, it also doesn’t follow.
> But as soon as there’s any rebound from above, BTC is prone to suddenly surge with a spike.
> By the old logic—when US Treasury yields rise and rate-hike expectations heat up, liquidity should be pulled away, so BTC should be under pressure.
> Yet it has stubbornly held on for two months, and it has weathered a whole bunch of bad news.
> So now there’s a saying: when things are abnormal, and the next round of good news comes through, it might actually turn into the starting point for a pullback.
> But those who say this are likely people who didn’t dare to get in around the $60k area, and later missed the whole move by staying on the sidelines.
> Do you think it’s strength, or something abnormal?$BTC
Not investment advice.
👇
> If the US stock market pulls back, it doesn’t follow; if gold weakens, it doesn’t follow; if A-shares and crude oil move down, it also doesn’t follow.
> But as soon as there’s any rebound from above, BTC is prone to suddenly surge with a spike.
> By the old logic—when US Treasury yields rise and rate-hike expectations heat up, liquidity should be pulled away, so BTC should be under pressure.
> Yet it has stubbornly held on for two months, and it has weathered a whole bunch of bad news.
> So now there’s a saying: when things are abnormal, and the next round of good news comes through, it might actually turn into the starting point for a pullback.
> But those who say this are likely people who didn’t dare to get in around the $60k area, and later missed the whole move by staying on the sidelines.
> Do you think it’s strength, or something abnormal?$BTC
Not investment advice.
👇
