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Bitcoin identity crisis between risk asset and inflation hedge; stocks showing potential deviation patterns.

From HYPE Near All-Time Highs After Trump Speech — Bull Market Back? · jumps to 1:18:19 · speech

▶ Open at 1:18:19 on YouTube
speech

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seeing Bitcoin and gold go up. So it's, it's, it's one of those things where it's like, okay, Bitcoin's like having this identity crisis still like, what the fuck are we? Are we, you know, a risk asset or are we a hedge against inflation? It seems like the pendulum has swung back to, hey, this is a debasement trade. They're going to continue to debase the buying, you know, the currency, the dollar. So you want to hold hard assets like Bitcoin. I don't know. So it's very interesting to me that now stocks are looking kind of me, right? Like if this becomes like a deviation, right? Then do we not look a little bit like this? A little deviation. This one was a little bit more pronounced like back here, right? Deviation back below sell off. Deviation back below sell off. If we get back below prior all time high here, starts to look a little sketchy and Bitcoin picks that time to say, you know what? We're back on the gold train. We're back on the debasement trade. Fuck being a risk on asset. So I think it's interesting, interesting, interesting, interesting, right? Bailed to make a new high here on NASDAQ, the Russell starting to look
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