Current BTC is a high-beta risk asset.


It doesn’t just feed on a “war and peace” outlook like pure safe-haven assets or the U.S. stock market.
Negotiations push it up; if talks break down, it gets dumped.
One piece of news, and it’s a deep V—longs and shorts get flipped back and forth and chopped both ways.
Don’t look at the “positive” of a smaller NFP (CPI) keeping you hanging on with hopes for rate cuts.
But the blade of the yen carry-trade funding retreat is still hanging over your head.
$64,500 is the key point to watch in the short term.
If you can’t break higher, don’t be headstrong.
BTC-2.31%
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Mayasyopa
· 07-12 06:16
swing full to dasar
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