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Iran peace talks have fallen through
Oil prices surged that day, BTC dropped 3% that day
Since 2022, no geopolitical event has ever caused BTC and the S&P correlation to reach 0.94
But ETFs bought 50k units net last month
Think about it
Institutions are net buying during geopolitical crises
Retail investors are cutting losses when the fear index hits 16
Who is waiting for whom
#BTC #Macro #Cryptocurrency