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NEW VIDEO ON THE BITCOIN CORRECTION:
The Bitcoin price is currently correcting along with traditional markets such as the S&P 500. The US dollar is also showing weakness again – and this comes right after the introduction of several new tariffs that were announced in advance. However, surprisingly, it is not the tariffs that currently pose the greatest risk.
Much more serious is the state of the US labor market, which is presenting itself significantly worse than previously assumed. The current nonfarm payroll data has been massively revised downward – a possible harbinger of an impending economic crisis.
Bitcoin fails to prove its often-evoked independence in this macroeconomic environment. Instead of establishing itself as a safe haven, BTC continues to blindly follow the movements of other risk assets. However, there is an asset class that shows significantly more resilience in this phase.
In the video, I analyze the actual reasons for the current #Bitcoin correction and what signals investors should pay attention to now.