🚨 Bitcoin Has Completely Broken Away From Stocks & Precious Metals

🚀 Bitcoin’s market cap has grown by +36.0% since August 18, dramatically separating from the S&P 500’s +0.8% and gold’s -1.5% performances in that same time. The breakout began as smaller 0.1-10 BTC holders capitulated in mid-August.

💧 Liquidity helped flip the trend. Treasury doubled the size of long-duration bond buybacks beginning in September, ETF demand returned, and repeated short squeezes forced bearish traders to buy back positions as BTC broke resistance.

📊 This five-week divergence shows crypto trading on its own catalysts for now. Stocks remain near record territory but face higher rates and uneven participation, while gold has struggled…