Last time, on April 4th Beijing time, after the announcement of tariffs, Bitcoin also showed a situation of not following the decline.

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Phyrex
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8 hours ago

Last time, on April 4th Beijing time, after the announcement of tariffs, Bitcoin also showed a situation of not following the decline. However, on April 5th, with China's countermeasures, $BTC started to drop on Saturday, and the decline was quite severe, testing the bottom of $75,000. It is indeed quite rare for the S&P 500 to drop by 2.34% while BTC not only does not follow the decline but actually rises.

Especially with Bitcoin's volume increasing, if we say that Bitcoin now belongs to safe-haven assets, it might be a bit early. If seeking safety, gold is still the best choice. I don't know how long this independent market for Bitcoin can last, nor do I know how much it can rise, but if there is a systemic negative factor, such as unfavorable GDP data at the end of the year, it is very likely that BTC will return to moving in sync with the U.S.

Additionally, I also feel that the possibility of Bitcoin reversing is not very high right now; it still does not meet the conditions for a reversal. Although I really hope BTC continues to rise, after all, I have positions.

This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX

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