BTC just closed at a 2-month high, approaching $66,000! đ
- S&P 500 also hit a new high, but many indicators show BTC has not entered a bull market yet.
- Many investors are still skeptical due to previous rejections at $70,000 and fears of a recession.
- Central banks are moving to expansionary monetary policy, but it doesn't always lead to market bubbles.
- Big tech companies like Google, Amazon, Apple are still benefiting from the current economy.
- BTC may still be valued for its scarcity and sovereignty, but it won't necessarily follow the S&P 500 rally.
- Coinbase app ranks 385, up from 482 but still hasn't attracted many retail investors.
- In China, USDT is trading below par, indicating bearish sentiment.
What do you think about the future of BTC? Comment below! đŹ#Bitcoin#Crypto#Blockchain#Finance#Tech#MarketTrends
