$BTC Bitcoin just closed its BEST month in a year
+11.9% in April
Holding above $76K
Now eyeing $77.5K
Meanwhile…
The S&P 500 just hit ALL-TIME HIGHS (7,200+)
+ $8 TRILLION added in market cap since March
And here’s the twist:
US inflation (PCE) just hit 3.5% — highest in 3 years.
So markets are pumping…
Even as inflation is rising.
What does this mean?
→ Liquidity > Fear
→ Tech earnings (Apple, Google) are carrying risk assets
→ Bitcoin is following—but lagging
BUT
:- BTC still hasn’t reclaimed the key 21-week EMA
And historically, that matters.
:- Some analysts are calling for a retest of the $60K zone before a true breakout.
So right now:
- Stocks = euphoric
- Bitcoin = cautiously bullish
- Macro = confusing
This is the kind of market that rewards patience, not FOMO.
Stay sharp.