Is the rotation from Gold to Bitcoin in the room with us? 😉 Over the past 2 weeks hundreds of X accounts with large following have been posting about an imminent rotation from gold to Bitcoin, once gold reaches a correction level. Their main argument seemed to be based on Bitcoin's historic price correlation - essentially "here are some select occurrences from the past where this happened, so it will happen now". Many of them went as far as claiming that gold has topped in this cycle (it hasn't). Local top for gold was reached, but rotation didn't happen. As I've been alluding to over this same timeframe - the reality in financial market is seldom this simplistic. In general, you should be very wary of market thesis that are too abstract, or fail to consider the macro picture.