BTC vs S&P 500: Liquidity Showdown 📊
Bitcoin is increasingly trending in tandem with the S&P 500, BTC rises as a high-beta risk-on asset. However, during risk-off scenarios, BTC tends to fall harder ⚠️
Market insight: ETF inflows remain a support factor for BTC, but major holders are distributing their holdings during strength. On-chain analysis indicates profit-taking around resistance levels.
Trading insight: I start scaling into BTC as S&P 500 consolidates around highs while BTC maintains support, indicating relative strength. However,if S&P 500 breaks down, I quickly cut exposure $BTC