WHY BITCOIN IS UNDERPERFORMING EQUITIES DESPITE BULLISH CATALYSTS
https://s.yimg.com/ny/api/res/1.2/ew3KP0lURLJI8NJGjHVWqw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/coindesk_75/5177aceb193768723c631567c9249849
✍️ Bitcoin has lost its footing, falling 30% from its highs and breaching the 50-week moving average, while altcoins have tumbled even harder.
👉 Bitcoin has fallen 30% from its highs and breached the 50-week moving average. 👉 Altcoins have tumbled even harder, with many dropping 50% or more. 👉 Adrian Fritz attributes the divergence to macro pressure, investor sentiment, and a 'panda market'. 👉 AI is driving sentiment and may be siphoning off capital that could have gone into crypto. 👉 Excessive risk-taking is believed to be the root cause of the recent market correction.
-- #AdrianFritz #technology
Loading quoted post…



