Bitcoin

Key insight

76,635 sits in no-man's-land: 200-day MA at ~74,800 provides a floor, but $80,000 caps every rally attempt. Gold +2.3% and Silver +3.8% signal macro fear — BTC not yet capturing safe-haven flows.

76,635 holds above the 200-day MA near 74,800 but fails to reclaim the key $80,000 round number — range-bound with risk-on equity backdrop insufficient to spark a breakout.

Main risk

BTC/Gold correlation breakdown

Gold surging to 4,360 while BTC lags at 76,635 signals BTC is not acting as a safe haven — rotation risk into metals.