đ Bitcoin Decouples from Gold: Whatâs Next? đ
Bitcoin (BTC) is shaking things up! Despite entering a bearish phase, BTC has decoupled from gold, which has hit record highs. đđđ
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. đđ
Adding to the mix, a weakening U.S. dollar hints at broader financial stress. BTCâs valuation metrics are bearish, with potential for further correction. But hey, BTC has bounced back before! đ
Stay optimistic, BTC enthusiasts! đđ