I have been observing the behavior of gold these days and the decline is quite noticeable. With all these macroeconomic pressures we see on the horizon, the bear market seems to be gaining ground in traditional assets. The strong dollar, interest rates, and inflation continue to be the main culprits.

What’s interesting is that while gold is collapsing, Bitcoin maintains a different dynamic. I’ve noticed that liquidity remains present in the crypto bear market, which is rare considering what’s happening with precious metals. It seems investors are looking for alternatives, and BTC benefits from that.

In this overall bearish market context, Bitcoin is behaving almost like a defensive asset for some. The macroeconomic pressure doesn’t disappear, but liquidity in crypto maintains its trend. Definitely something worth keeping a close eye on in the coming days.