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Highly correlated with BTC is this U.S. stock software ETF $IGV .
It entered a bear market at the same time as BTC, drawing the same line.
But today it broke through!!!
Do the bears think BTC’s rise is inexplicable? No—I think BTC has been totally disappointing in this round of the global macro bull market over the past six months. Even the Russell 2000 has reached new highs, yet BTC’s rebound is still so weak.
So frustrating.