The mistake right now?


Thinking this is just another crypto cooldown.
Bitcoin is a macro asset.
Rates are high. Deficits are rising. Liquidity is tight.
Short term, BTC moves with yields and the dollar.
Long term, it moves with trust in the system.
Debt keeps compounding. Policy flexibility keeps shrinking.
When liquidity turns, Bitcoin won’t drift.
It will reprice.
BTC-2,69%
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