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I think it's important when looking at $BTC to consider the recent decrease in $USD value.
If we denominate BTC against other major currencies, you can see how the chart is telling a much different story.
Similar to stocks which are technically at an all time high, but compared to earlier this year they are still down over 10% just because $DXY lost value.
We have seen a solid bounce since the Tariff drama but a lot of it is also because of the USD devaluation. Keep that in mind when looking at risk assets to compare their relative strength to earlier this year.
$BTC
{spot}(BTCUSDT)
#BTCUSD
#BTCUSDT.