#BTCvsMarkets

I reached $79,000 🙏

I already posted in the morning and earlier this week about this topic as well, as is the case in my weekly plans..

Now, it’s time to retest the previous low point or break the last support level from here..

I will see that soon, but trade wisely using StopLoss and always DYOR.

The hashtag #BTCvsMarkets is used on social media and in discussions about cryptocurrencies to compare the performance of Bitcoin (BTC) against traditional financial markets, such as stocks, bonds, or commodities. Here I explain its purpose and meaning:

Purpose:

Performance Comparison:

The hashtag is used to analyze and compare how Bitcoin performs relative to traditional markets over a specific period.

Investors and analysts use this comparison to assess whether Bitcoin is a viable investment and if it can serve as a hedge against volatility in traditional markets.

Discussion about the Nature of Bitcoin:

The hashtag is also used to discuss whether Bitcoin is a safe-haven asset, like gold, or if it is a risky asset, like stocks.

This discussion is important for determining how Bitcoin fits into a diversified investment portfolio.

Analysis of Macroeconomic Impact:

It is used to analyze whether Bitcoin is affected by the same factors as traditional markets, or if it behaves independently.