Bitcoin is experiencing what looks like a false rally today. The pattern suggests some traders are rotating out of precious metals mining stocks and rotating into Bitcoin ETFs and MSTR. However, this move could backfire. Smart market participants might see this as an opportunity to flip the trade—accumulating mining equities while reducing Bitcoin and MSTR positions. The key here is recognizing whether this momentum is sustainable or just another temporary pump before the next leg down.
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Bitcoin is experiencing what looks like a false rally today. The pattern suggests some traders are rotating out of precious metals mining stocks and rotating into Bitcoin ETFs and MSTR. However, this move could backfire. Smart market participants might see this as an opportunity to flip the trade—accumulating mining equities while reducing Bitcoin and MSTR positions. The key here is recognizing whether this momentum is sustainable or just another temporary pump before the next leg down.