🚀 Bitcoin Decouples from Gold: What’s Next? 🚀
Bitcoin (BTC) is shaking things up! Despite entering a bearish phase, BTC has decoupled from gold, which has hit record highs. 📉🔄📈
CryptoQuant analysts reveal that while gold shines, BTC is moving with the lower U.S. stock markets. Since July, the Nasdaq 100 dropped 10%, and BTC fell 16%, showing a growing correlation. 📉📉
Adding to the mix, a weakening U.S. dollar hints at broader financial stress. BTC’s valuation metrics are bearish, with potential for further correction. But hey, BTC has bounced back before! 🌟
Stay optimistic, BTC enthusiasts! 🌟🚀