Bitcoin‘s Quiet Chic: The Wise Money’s Subtle Dance đșđ
Well, darling, despite hitting what should have been a fĂȘteâa milestone, if you willâsearch interest in BTC remains as tepid as a Monday morning in May. According to that charming tweet by Merlijn The Trader, itâs still lurking at bear-market levels. And the altcoin season? Still playing hide and seekâif you ask me, weâre still waiting for the parade to start, dear reader.
Adding a little dash of irony, Coin Bureauâs analysis reveals that Bitcoin canât seem to shake its dance partnerâU.S. 10-Year Treasury Futures. As illustrated in a chart by Bitwise, Bitcoinâs 60-day correlation with bonds has plummeted to an all-time low. Your humble analyst suggests this is code for: “The institutional crowd is moving out of bonds and into Bitcoin, darling.” How deliciously strategic.
Coin Bureau adds that this might just be the âmacro chart to watch,â signaling that Bitcoin is now that rebellious artistâstanding apart from the old bonds, unchained and uncorrelated. Itâs a lovely sight, really, like a starlet finally getting her solo act.
Merlijn, that clever fox, asserts that the crowdâs not quite ready for the fireworksâno herd, no frenzy. âThis is just the beginning,â he sighsâperhaps wistfullyâpointing to tepid Google searches and the altcoin index still basking in Bitcoinâs shadow. Honestly, itâs like waiting for the audiences to arrive at the theatreâso much tap-dancing before the curtain rises.
Meanwhile, as Bitcoin waltzes above the century mark, experts whisper that thereâs plenty of runway leftâif only the delightful public returns their amorous glances, and altcoins tickle the fancy of the masses once again. But for now, smart money is dancing ahead, my dear, ahead on the good foot.
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2025-05-31 13:02