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$BTC tapped 80K again as yields eased on fading Fed-hike fears.
But the cross-currents are hard to ignore.
ETFs: August inflows, September mixed.
Whales: Yi Lihua stays bullish. Jiang Zhuoer sold his entire bag at 82K, citing weak ETF demand.
And here's the kicker-BTC's 90-day correlation with gold just hit its highest level since 2020.
That's not risk-on behavior. That's macro hedging.
So 80K isn't the story.
The story is whether BTC behaves like gold or like tech.
#WallerEyesAugCPI
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