All Eyes on Macro

Last week, we posed the question, "Was That It?"

As it stands, Bitcoin $BTC continues to hold above 30,000 following its brief false move. There are a number of levels we're monitoring over short time frames.

Correlations with legacy markets remain intact. But we're likely at an inflection point with respect to the co-movement between crypto and legacy.

This will be the emphasis of today's note.