đ NFP REPORT: Bitcoin Is Decoupling - Here's the ProofThe #USNonFarmPayrollReport is out and everyone's asking how it affects Bitcoin.But my macro correlation engine reveals something more important:Bitcoin is DECOUPLING from traditional markets.The evidence (Dec 17):â BTC-SPY: +0.08 (almost ZERO!)
â BTC-VIX: -0.05 (neutral)
â BTC-TNX: -0.26 (weak)
â BTC-DXY: +0.12 (weak)Two weeks ago, BTC-SPY was +0.36. Now it's +0.08.Bitcoin is trading on its own fundamentals, not macro.What this means for NFP:In high-correlation environments: NFP moves yields â yields move BTCIn LOW-correlation environments (NOW): NFP impact on BTC is MUTEDThe data says Bitcoin cares less about employment numbers than it did before.But there's a twist:â Regime: RISK-OFF TRENDING
â Sentiment: NEGATIVE (-0.18)The macro environment is cautious. Yet Bitcoin is decoupling.This is what early-stage bull markets look like: BTC leads, then correlations return.What on-chain shows:â Whale Impact: HIGH
â Volume: 3,132 BTC
â Fee Status: NORMALWhales are active despite risk-off macro. They're not waiting for NFP clarity.Fear & Greed: 25 (Fear)Retail fearful + Whales active + Decoupling = Classic accumulation setup.The NFP playbook for THIS environment:OLD playbook: Trade the yield reaction
NEW playbook: Watch if BTC re-correlates or continues decouplingIf BTC ignores NFP â Decoupling confirmed â Bullish signal
If BTC follows NFP â Correlation returns â Back to macro tradingMy read:The +0.08 SPY correlation is the story.Bitcoin is starting to trade like BITCOIN again, not like a leveraged tech stock.NFP matters less when correlations are this low.Watch the reaction. If BTC holds while markets move, the decoupling is real.
#USNonFarmPayrollReportŰ #bitcoin #MacroAnalysis #Decoupling #cryptotrading #BTC $BTC