You look at the charts and build theories about what ephemeral “whales” are moving there again...

It's painful and funny to watch! After all, your beloved #BTC is closely related to the general circulation of money in the system and, most importantly, to macroeconomics.

Don't believe me? Then how can you explain such a strong correlation with the #SP500 index?

Graphs for comparison, linear interval of 1 month

For those who are “in the tank”: the S&P500 index is the main benchmark demonstrating the situation on the stock market of great America.

We clearly see that all the main periods of BTC growth in one way or another follow the direction of movement of stock exchanges. Question: "Why?"

The answer is extremely simple and obvious, but unfortunately not for cryptans who continue to believe in decentralization and independence.

Cryptocurrency is a digital asset that is a high-risk investment.
As a result, general activity in the investment environment attracts money to places where X can be made.

If money is “hidden” in low-risk assets (bonds, gold, deposits, etc.), then there will never be an influx of it into such volatile instruments as cryptocurrency!

Investors with money are not idiots, but extremely competent people who clearly know how to weigh risks and will not write against the wind.
Do you understand the message?

In short, macroeconomics is the boss of everything!

Basic definition of a macro cycle from BoA

When the flow of capital from low-risk ones (read: “low-profit assets”) begins, then the crypt lives an active life and you can make money on every piece of crap.

And this is not because everyone believes in crypto so much, but because the markets are favorable to it and people take money to places where they can make a normal profit.

As soon as the expectations of investors from serious platforms (funds) change, then the crypt goes to the bottom.

It is important to understand the business cycle in order to get off the sinking ship in time and, on the contrary, to get on board.

Go for it, hamsters!