It’s all abut the dollar index. Tarriffs create demand for the greenback. Thus, everything else tends to take a hit. Also, yesterday’s CPI didn’t help. High CPI means higher interest rates. Higher interest rates mean higher DXY. It’s a short term buying opportunity.
But keep in mind that there is a gap on BTC (CME futures) around 80k. That will likely get hit b4 BTC hits 150k. Maybe sell some calls against your holding for the next few weeks would help lower your basis.
