Post
RobinSG
1. BTC still trades like a risk asset when money leaves tech.
2. Money is hiding in bonds. About $58B went into bond ETFs this month, 38% of all ETF flows (BlockBeats).
3. BITCOIN trades ~80,742, under its daily MA50 (81,809) and MA20 (82,587), after a new weekly low at 80,461.
Here's my read:bad Nasdaq day doesn't break
80K on its own, but I'm not buying dips until ETF flows turn. The 200-day average is all the way down at 72,908, so the big trend isn't broken, it's beir#BTCETFFlowSwings $BTC
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