Why is there a decorrelation between $BTC , the dollar and the S&P500? Judging by the discrepancy, the chaos is being hidden because of the elections. Something is wrong. Inflation and primary unemployment data will be released tomorrow. Indices as a sedative 🙃:
1. The S&P has been growing for a YEAR. The fund is growing before the elections, when there is NO change of administration. But for now, Trump is in the lead again, and there is no reaction to this, like on 5.08.
2. #BTC has been growing for six months and in the range for six months. It grew, advertising the "ETF" product from the largest owners of bitcoins. That is, there is a resale to the masses due to high greed.
3. USD has been weakening since July '23 and is now giving a mini-rebound. Maybe inflation increased then? 😈
What we see is that the US is trying to maintain dominance (at the expense of what?) against the backdrop of rising Chinese stocks, Chinese peace initiatives, the creation of their own currency by the BRICS countries, and they also made a movie about Bitcoin, the creator of which may be alive, which means he can sell his assets 👻
What does this confirm? No liquidity:
Bybit listed Chinese stocks, Binance creates a premarket, funds want an ETF for crypto, trusts for #SUI , the SEC is slapping on fines, and everyone has made their own meme-dump. Wait for #STRK at $2 and it will definitely come there, a day before delisting.
