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#GoldandSilverHitNewHighs
Gold and silver have reached new highs in an environment where geopolitical risks are increasing and the dollar is weakening.
As investors accelerate their search for safe havens, over 1.3 billion dollars have flowed out of Bitcoin ETFs, precious metals, and stocks.
This situation raises an important question:
Is Bitcoin’s “macro hedge” role weakening, or is this just a temporary flight to safety?
While BTC shows a sideways to weak trend on the price side, the change in the direction of capital flows is noteworthy.
The market may currently be buying protection more than the story.
For me, the issue is not the price.
Where and why is capital flowing?
#GoldandSilverHitNewHighs