📉 Bearish
Why the current AI mania is not a bubble – and that’s great for Bitcoin
Summary
Bitcoin’s macro setup is increasingly tied to the same forces driving the S&P 500 to new highs: liquidity, concentration, rate expectations, and investor tolerance for stretched valuations. The current S&P 500 structure shows an index still moving in a powerful long-term uptrend, with price near 7,365 on the weekly chart, while valuation indicators sit in […] The post Why the current AI mania is not a bubble – and that’s great for Bitcoin appeared first on CryptoSlate.
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