CapitMonet on Nostr: Bitcoin isn't collapsing. It's competing for capital. Macro uncertainty, rising ...

Bitcoin isn't collapsing.

It's competing for capital.

Macro uncertainty, rising energy prices, and a market chasing what could become the largest IPO in history have created a simple reality:

Every dollar flowing into the trade of the moment is a dollar not flowing into BTC.

This week the market isn't asking whether Bitcoin works.

It's asking where capital can earn the highest return over the next few quarters.

That's a very different question.

The battle wasn't at all-time highs.

It was at $60k.

This weekend BTC briefly broke below it. Buyers showed up. The price is back around $63k.

The real question now isn't the level.

It's whether that was a shakeout — or just the first test of what comes next.

#BTC