Bitcoin drops below 80k, and suddenly the whole network starts "trusting gold" again

When BTC falls, the happiest might be gold bulls.
Many people have finally realized in these days:
In times of war, gold indeed looks more like "real gold" than "digital gold."
The reason is simple.
During wartime, the market's primary demand is "safety," not "high returns."
And BTC's volatility is too high, so institutions usually react by reducing their holdings.
But don't forget, BTC has a second layer of logic:
Global liquidity expectations.
So now the market is actually betting on two directions:
Direction one: War escalation, risk aversion increases.
Direction two: Economic slowdown, the Federal Reserve is forced to cut interest rates.
If the second scenario holds, BTC still has huge opportunities ahead.
Tonight's non-farm payroll data is an important milestone that will determine short-term fate.
Weak data: bullish for BTC.
Strong data: bearish for BTC.
Especially now, the market has huge disagreements over "interest rate cuts within the year," and a single non-farm report could trigger billions of dollars in funds to switch sides.
My view is:
BTC may continue to experience intense volatility in the short term, but the long-term logic remains intact.
Because global debt is increasing, the Federal Reserve will eventually have to return to a "money printing mode."
And the crypto world’s favorite thing is printing money. #美伊冲突再升级