#BTCRebound ! Unstoppable BTC! Bitcoin surpasses $88K and separates from Wall Street to follow the path of gold
⚠️Attention, hodlers! The king of crypto is roaring again… and this time it does so alone. Bitcoin has surpassed $88,500 and is charting its own course, distancing itself from the stock market and embracing the profile of a safe-haven asset alongside gold 🪙🛡️.
At the opening of Wall Street on April 21, while stocks were suffering declines of more than 2% 📉 and the dollar slipped below March 2022 levels, BTC decided it had no time for stock market drama and preferred to approach the golden shine of the precious metal, which also hit record highs: $3,430 per ounce.
👉🏻What’s the reason?
Trade tension + global uncertainty = Bitcoin strengthens. 💪
With China and Japan tightening the rope with the U.S. 🇨🇳🤝🇺🇸 and Trump throwing darts 🎯 at Jerome Powell himself for interest rates, traditional markets are trembling... but Bitcoin ignites its rocket.
🥊BTC vs Nasdaq vs Dollar: who wins the round?
BTC/USD: + to the moon!🚀
Nasdaq and S&P500: -2% and counting↘️
USD (DXY): new 52-week low⛔️
Gold: legend mode activated🧝♂️🧗♂️
🤔And what about Bitcoin ETFs?
Good news: according to QCP Capital, net inflows were $13.4M this week. Gone are the massive outflows of last week. Institutional confidence is returning!
Even the options market shows signs of optimism, with more balanced positioning and less short-term fear.
💪All of this reinforces the narrative of BTC as a refuge amid macroeconomic chaos, something many of us have been anticipating for years.
📝 In summary:
🪙Bitcoin is not just rising…📈📊
⚡️It is marking its independence from Wall Street, the dollar, and old financial patterns.
💰🤑Is it the new digital gold? It certainly seems more and more like it.
📌 Sources: Cointelegraph, TradingView, QCP Capital, The Kobeissi Letter
🤔And what do you think?
