The Gold to BTC Rotation Looks Underway

Discussed in today’s video:

• Dovish outlook: With the government shutdown halting NFP and unemployment data, the Fed will likely head into the next FOMC without updated labor numbers, reinforcing a dovish bias. ADP payrolls missed expectations, but were not enough to trigger growth fears.
• Flows and participation rising: MSTR’s rebound is encouraging, Bitcoin ETFs have seen multiple strong inflow days, and trading volumes are climbing across BTC and ETH, signaling renewed investor participation.
• Gold-to-Bitcoin rotation: Gold looks stretched and crowded, while historical patterns suggest flows could rotate from analog gold into digital gold, creating a potential tailwind for BTC.

Tickers in this video: BTC 3.78% ETH 6.60% MSTR 4.75%