Three macro signals worth watching alongside $BTC right now.
Gold at $5,000. When gold hits all-time highs, it tells you investors are rotating out of fiat and into hard assets. BTC follows the same logic — store of value demand rises when trust in paper money falls.
DXY at 100. Below 100 has historically been supportive for BTC. A weakening dollar means more purchasing power flowing into alternatives.
Oil at $70, down from $100. That kind of drop is deflationary. It takes pressure off inflation, which gives the Fed more room to cut. Rate cuts are historically one of the strongest tailwinds for risk assets including crypto.
None of this guarantees a move this week. But the macro environment has shifted from headwind to tailwind. In this regime, patience is being rewarded.