$BTC giờ it’s no longer a private playground for crypto people anymore; it’s increasingly resembling macro assets. The entry of EFT, large funds, and corporations is causing bitcoin to be increasingly compared with assets such as tech stocks, gold, or the USD. Therefore, whenever expectations for interest rates, macro data, or U.S. stocks shift, bitcoin also reacts very quickly. The rallies followed by quick reversals sometimes appear quite clearly around the time the U.S. market opens, as big capital flows begin to operate more strongly. Looking at BTC now, focusing only on crypto isn’t enough. You have to look at everything happening outside as well.

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