@BOMBERuss 7 October 2021 more from that month

After a year of strong correlation with the corrective movements of the S&P500 index, in recent days bitcoin has been showing signs of a long-awaited decoupling in the face of growing macroeconomic uncertainty. Over the past few weeks, bitcoin has risen by 26.35%, while gold, the S&P 500 and the market-weighted index of US Treasury debt with a maturity of 20 years or more (TLT) have been in negative territory. Although it is too early to talk about the onset of a new normal based on one data point, this movement cannot fail to attract the attention of capital distributors, as bitcoin demonstrates strength and accelerates amid growing concerns and volatility in other markets. In a period of great macroeconomic uncertainty, the behavior of the BTC price, to put it mildly, stands out against the general background with a very clear picture of vertical accumulation in spot markets. What makes bitcoin's price action even more impressive is that it is happening at the same time as forecasts for the volume of gross domestic product around the world are downgraded. Take, for example, the Atlanta Fed: their forecast for GDP for the third quarter of 2021 was lowered from more than 6.3% to 1.3% in just 70 days. The economic fuel of monetary and fiscal policies does not seem to have the same stimulating effect on the market. #CryptoTrading