$BTC $BTC US stocks are plummeting, while Bitcoin is soaring. Are US stocks and Bitcoin decoupling? I don't think so. The S&P is currently down -2%. If the S&P drops -5%, let's see if Bitcoin can still hold strong. I believe the reasons for Bitcoin's surge are, firstly, MicroStrategy's continued debt-fueled large-scale purchases; they have no way back now, it's all in. Secondly, most people are quite pessimistic about US stocks in the current economic environment, as well as Bitcoin, which leads to a larger short position on Bitcoin, making liquidity above more attractive to the main players.

In short, short-term strategy remains to short at highs, 88500 89600 92000. The last time Bitcoin was around 83k, it moved independently and ended up dropping to around 74k. This time, I believe after liquidation it will still move downward. Thankfully, the old man from MicroStrategy keeps buying; otherwise, Bitcoin would currently be starting with a 6.