$BTC relative strength is very strong here, continues to move higher with M2 Money Supply and has moved in 5 waves which we know is an impulse bounce.
Golden Cross today too and a new ATH.
Bull Case is now triggered and if the price can hold above $109k then $123k is the Technical Target next.
Has $BTC finally become a store of value to rival Gold and now a safe haven?
This sort of strength does argue in favour of it......but if the Market rejects for Wave B and $BTC moves higher, this will be official then, $BTC would be a safe haven and the digital equivalent of Gold.
Matt Lampkin
2025-05-22 14:28:40 +0000 UTCMatt Lampkin
2025-05-22 14:25:07 +0000 UTCES B
2025-05-22 13:31:07 +0000 UTC