🚨U.S. Treasury Secretary says the gold sell-off looks speculative, not structural.
Translation: weak hands exiting — not the end of the gold trade.
Key takeaways 👇
🟡 Gold: speculative unwind
🔄 Market cycles: still expanding
🏦 Fed: no rush to shrink the balance sheet
🧭 Policy: stability, not panic
Why this matters:
When gold cools without liquidity tightening, capital doesn’t disappear — it rotates. Historically, that’s when Bitcoin starts catching bids as the higher-beta hard asset.
Add this to:
🇺🇸 Saylor hinting at more BTC buys
📉 Gold shaking out hot money
💧 Liquidity staying patient
BTC
69,305.5
-0.85%
XAUUSDT
Perp
5,052.31
+0.59%
Narrative forming:
Old hedge consolidates. New hedge absorbs flows.
Not bearish macro.
More like rotation season 👀🟠