From BI Report 27: Mind the Gap Looking more closely at the following chart, Bitcoin is down 13.7% on an intraday basis. On August 21st, gold and Nasdaq had a local bottom, and Bitcoin put in a local top. These divergences have always been resolved. Today, both giants (Gold and Nasdaq) are showing strength. The rally in Gold aligns with our recent macro and liquidity analysis: the Fed’s eventual dovish turn, global deficit spending, and DXY weakness have created supportive conditions for hard assets. Bitcoin can temporarily diverge from global liquidity trends, but it will eventually align. When it moves, it tends to catch up quickly. Subscribe to our weekly reports or try for free using the link in my bio.(Sina 🗝️⚡ 21st Capital)