Arthur Hayes just shared a reality check.



He says Bitcoin still hasn’t fully broken away from US SaaS and tech stocks. So if tech starts bleeding again, BTC could easily feel the pressure too.

In his view, this rally might not be a full trend reversal — it could just be a dead cat bounce.

Basically: don’t assume we’ve escaped macro correlation yet.

Bullish long term, yes.
But short term? Stay cautious and manage risk.

$BTC
BTC7,45%
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