Bitcoin Is Approaching Its First Recovery Test
Steady buying is improving Bitcoin’s fundamentals and bringing a recovery signal closer.
The market has spent the last few days debating what the latest economic data means for the Fed.
For Bitcoin investors, there’s a more useful question: is any of it actually changing the underlying trend in capital flows?
That’s the difference between a market that simply reacts to the news and one that’s changing. Sentiment can shift from one day to the next. Capital allocation usually doesn’t. When it does, that’s when we start paying attention.
So instead of trying to interpret the latest headlines, let’s look at what investors have actually been doing with their money.
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