A lot of chatter lately about $BTC showing strength against $SPX and equities.

In the short-term, I don’t think this changes much, especially with key support levels still at risk. A sweep below $76.6K is still on the table if we break those.
Read more here:
But mid-term, I think this divergence is a clue. It signals where liquidity is likely to flow next.
We've seen signs of smart money stepping in, liquidity traps, stop-loss hunts, and accumulation under the radar. I’ve mentioned this before: market makers often create the other side of the trade.
Here’s what I expect:
Once $SPX sees its relief rally, we’ll enter a Complacency Zone. That could lead to a mid-term Risk-ON phase, pushing $BTC to break ATH before retail flips euphoric… and then comes the real cycle top.
This emotional swing, from fear to euphoria, is exactly what market makers want. And when everyone finally believes the bull is back? That’s when the economic downturn finally hits.
Let’s see how this plays out. 🫡