Last night, it looked like the Nasdaq was about to recover its losses, so I picked up some BTC at 74,800.
Based on today’s results, BTC isn’t looking too good.
The Nasdaq is up 2.74%, while BTC has only recovered 0.7%—far less than expected.
If things continue to play out this way, the chances of a big short-term rally in BTC will decrease.
The AI sector is recovering, oil prices are falling, and the macro picture is improving too.
BTC is barely moving—is it waiting for today’s CPI data?
Based on today’s results, BTC isn’t looking too good.
The Nasdaq is up 2.74%, while BTC has only recovered 0.7%—far less than expected.
If things continue to play out this way, the chances of a big short-term rally in BTC will decrease.
The AI sector is recovering, oil prices are falling, and the macro picture is improving too.
BTC is barely moving—is it waiting for today’s CPI data?