Meanwhile, what is Bitcoin doing?
-Small drop due to the surprise of the GDP data (Bitcoin drops less than the SP500).
-With each drop in BTC, funding turns negative. Not by much, but it turns.
-All the lows are getting higher.
Conclusions:
-Macro news affects BTC and that doesn't change.
-It is increasingly losing correlation with the SP500, especially with data that doesn't affect BTC.
-Higher lows + Negative funding with each drop.
I am still not scared, and look that we are in a good target zone to lateralize and retrace.
But someone keeps pushing the price.