Heavy Metal, Heavier Digital Metal
Bitcoin is testing a critical support zone near $74,000. Can it hold, and how might markets respond if it breaks? And is the four-year cycle repeating again, despite our clear view of its irrelevancy?
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Heavy Metal, Heavier Digital MetalBitcoin has faced another week of heavy losses, with an 11% drawdown as extreme moves in metals markets triggered a broader flight to safety. Gold suffered its largest two-day sell-off since January 1980, falling 13.38%, before rebounding nearly 6% in its strongest one-day gain since the Financial Crisis of 2008. In just two sessions, gold’s market cap dropped by $5 trillion, equivalent to 3.25 bitcoin market caps, highlighting the sheer sca
