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$BTC fell to its lowest point in two weeks after US equities tracked sideways into month-end, breaking from the relief bounce that had lifted Asian markets earlier in the session.
A relief bounce is a short-term price recovery driven by traders unwinding bearish bets, not by fresh buyers stepping in with conviction. The split between Asia and the US left Bitcoin without a session to follow higher.
When two markets read the same moment differently Asia bounced.
That sequence matters because Bitcoin tends to move in the same direction as equities during risk-off episodes, when traders pull money from anything perceived as speculative.
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