#BTCVSGOLD The exuberant greed of March has cooled.

· Key

· Reclaiming $67K and then $70K is needed to restart bullish momentum. 🟢

4. The Bull Case vs. The Bear Case 🐂🤝🐻

· Bull Case 🐂: Halving supply shock is just beginning. 🚀 ETF demand will re-accelerate and overwhelm supply. Global liquidity will eventually flood in. 🌊

· Bear Case 🐻: Macro conditions worsen (stagflation). 📛 ETF inflows stall. Post-halving sees a prolonged "miner capitulation." 📉

Bottom Line ⚡

The market is in a high-stakes tug-of-war 🤼‍♂️.

· On one side: Historic supply shock (Halving) + Institutional adoption (ETFs). 💪

· On the other side: Tighter global monetary policy. 🏛️🔒

The next major move depends on ETF inflows vs. Macroeconomic data. Caution and patience are warranted. ⚠️⏳

---

Disclaimer: This is for informational purposes only and not financial advice. Always do your own research (DYOR). 📚🔍