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堵塞_Wave
I used to think $BTC traded like a tech stock tied closely to Nasdaq and risk-on sentiment.
But the recent data tells a different story.
BTC’s correlation with gold is strengthening, while its Nasdaq relationship is fading.
That makes the bigger question:
Is BTC becoming “digital gold” or is this just temporary capital rotation?
I’m watching gold and the US dollar closely.
If gold weakens and BTC follows, that linkage could tell us a lot about where BTC really belongs.
$XAU $DYDX
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