Bitcoin was literally created for environments like this..

Is it time to get excited or not? Firstly, we need to look at the data. In here you can see this is the correlation between Bitcoin and tech stocks. As you can see here, this is literally, uh, today we see this run-up. Unfortunately, we are still correlated with risk on assets. Now, the reason why I have so much conviction in Bitcoin is because I believe at some point very soon it will start to become uncorrelated to tech stocks. People perceive Bitcoin as this risky asset, so they sell it off when it comes time to volatility. But Bitcoin was born for these periods of times. The reason why Bitcoin was created was because of the hedge against inflation and the currency debasement. And we see Bitcoin outperform in geopolitical issues, but still the majority of the market still sees Bitcoin as a risk-on asset. So this pump that we're seeing right now could be a dead cat bounce. We need to see it follow through, but unfortunately this is just a correlation with tech stocks. We need to see it follow through and decouple before getting too excited.