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🚨 GOLD IS APPROACHING $4,400 — WHILE BTC REMAINS AROUND $64K.
That divergence is worth watching. 👀
Gold continues to benefit from weaker labor data and declining expectations for aggressive rate hikes, while Bitcoin is still trading more like a high-beta risk asset.
Now, all eyes are on tonight’s CPI report.
📉 Cooler-than-expected CPI → Lower rate expectations → Potentially lower yields → BTC could finally close the gap with gold.
📈 Hotter-than-expected CPI → Higher yields → More pressure on risk assets → BTC could face another downside move.
Gold has already made its move.
Now Bitcoin needs CPI to determine whether it catches up… or gets pushed even lower. 👀
#Bitcoin #BTC #Gold #CPI #Crypto #Markets
#CPIToResetFedBets
#AIInfraEarningsWatch
#Gold4400HavenBid
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