#Bitcoin is a Financial Asset—Here’s Why the Tech Crash Doesn’t Matter
On the Contrary: Here’s Why the Tech @nvidia Crash Could Be Bullish for Bitcoin
👇1-12) Yesterday’s Market Update report, titled “Bitcoin Breakout Imminent? Here’s Why the Risk is to the Upside,” may have been either ill-timed or perfectly timed, as the recent downside volatility could offer a compelling opportunity to accumulate more Bitcoin. As always, our reports are grounded in data, and we’re providing a fresh perspective to help contextualize yesterday’s market decline.
👇2-12) We anticipated some volatility, with several major U.S. tech companies reporting this week. Investors are increasingly scrutinizing large capital expenditure plans, particularly as many AI systems lack clear guidance on potential profit generation. NVIDIA’s stock has moved sideways since June last year, and Apple’s highly anticipated AI upgrade cycle has been “just around the corner” for years. Meanwhile, inflation appears to be holding steady for now.
👇3-12) Full report: https://mail.10xresearch.co/p/bitcoin-is-a-financial-asset-here-s-why-the-tech-crash-doesn-t-matter------