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how fast will people realize bitcoin actually led the rally, which led to it dying off first which sumptuously triggered everyone to think it would follow m2 and rebound but in reality index’s consumed all risk on liquidity in hopes it would thrive with macro scale (which it did). Instantaneously macro is starting to get cold which is why es is having 8 month long distribution top while bitcoin makes new lows. Reverse psychology will spread through the crypto market once spy closes under 650. ultimately leading to bitcoin to outperform for months while es is in a bear, rinse and repeat until trump term ends. which finally leaves us with a recession.
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