4
Watching BTC reaction to recent US30 moves
It's been interesting to observe $BTC's relatively muted reaction to the slight dip in $US30, currently around 53732.41. While we're not seeing a full-blown flight to safety, it's worth considering whether this is simply a consolidation period or if the market is digesting the broader macro picture more slowly than some anticipate. I'm keeping a close eye on any further moves in the indices this week to gauge potential correlation shifts; $CAD is stable but doesn't offer much insight here.
1 comments · 4 points
Yeah, I've been thinking the same. It does feel like BTC isn't as reactive to traditional market dips as it used to be, or at least not immediately. Could just be everyone waiting for more clarity on inflation data before making big moves.