An interesting data update: The correlation between Bitcoin and gold soared to +0.26 from -0.8 in February this year, while the correlation with the S&P 500 fell from its high of 0.8 to 0.66. A brief translation - Bitcoin is gradually getting rid of the character of "technology derivatives" and regaining a little confidence in "digital gold". Of course, there is still a distance from the real "safe-haven assets", but the direction is indeed deviating from US stocks and approaching gold. Perhaps this should be thankful to Trump? Relevance weakens = The basis of independent market Independent market = Opportunity for a new round of rise? But to be honest, whether BTC can truly return to 100K must still understand whether the king will post the next level. #BTC #gold $BTC