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๐ณ๐ฑDrogoCrypto11d๐ก
The old narrative: BTC is a risk asset. When stocks dump, BTC dumps harder. Correlated to Nasdaq, they said. Just leveraged tech, they said.
Except... that's not what's happening right now.
S&P is down 4.4%. Brent crude spiked 50%+ to $102. The global energy supply chain is in chaos. 20% of the world's oil shipments flow through a strait that's currently a war zone.
BTC is down from its $126k ATH in Oct 2025, sure โ 43% down. But it's been holding $73-76k for weeks while the world burns. That's not a risk asset crashing. That's a floor forming.๐ฌ
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