🧐 Something Unusual Is Happening With Gold/BTC

GM macro experts.

After that sweet $95k tap, Bitcoin’s catching its breath—understandable. It wouldn’t be too surprising to see a little pullback here, but as long as BTC sits firmly above $90k, there’s still a chance for more upside.

What’s particularly interesting is Bitcoin’s correlation to gold, which is currently rising—and rising fast. If BTC can prove itself as a strong safe haven during uncertain times such as these and follow gold further, we could be entering a whole new era. Time will tell, but it’s spicy.

Further bullishness is warranted also due to the tariff war continuously easing, with Trump saying he’s prepared to cut tariffs on China to reduce tensions.

Lastly, it’s good to remember that this green spike on Bitcoin happened when 76% of Americans are concerned about the possibility of a recession. You know what they say about betting on the side of the majority.

Overall, 2025 still seems very, very promising for crypto.

✍️ Advertise with us | 🧑‍💻 Join the Discord | 🐥 Follow on Twitter
📊 Sub to YouTube & Spotify

👇 And if you haven’t yet, hit subscribe below 👇

The important bits.

Even more important bits.

Hey, if you like what we do here at blocmates in keeping you ahead of the crypto space, we have just launched another weekly newsletter that covers the latest news, tools, tricks and tips in AI. 

It is basically blocmates for AI!

As a special welcome bonus, and a thank you, when you sign up, we will send you private access to the Big Machines telegram chat, which is filled with builders, founders, investors, and AI nerds.

Send the Big Machines main account a message on Twitter/X showing that you have subscribed, and we will send you the link.

Join now for free by clicking the image above or heading to THIS LINK.

The Virtuals launchpad and ecosystem is still very much alive. Price has pumped into the 12H cloud, pulled back nicely, and looks likely to make its way to the top edge (edge to edge trade). This gives you a target of just under $1. The flat cloud edge above usually acts as a magnet. Check out their GAME framework’s chart too - there’s a nice W bottom that has formed there.

Other charts I’m watching: $GRASS is flashing a massive BBW squeeze alert on the 12H and has a similar flat Kumo magnet at $2. I’m watching to confirm it squeezes up and not down. A lot depends on whether we get bullish continuation for Bitcoin.

Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!

TRUMP is clearly dominating the Solana smart money movements. I guess a lot of people want to dine with Trump?

Long time no see, but 0×0 makes it to top smart money inflows on ETH. AI narrative seems to only get stronger. Also, I can see PENDLE continuing to dominate the DeFi space from here.

The long-awaited Tari mainnet is almost here, launching May 6th.

Those who read our previous newsletters are well-versed in how to mine this brand-new Proof of Work chain. If not, feel free to jump here and join us.

I don’t know about you, but starting as a miner in a new, promising, ASIC-resistant ecosystem full of apps feels very inviting.

By the way, there’s a mining competition live right now, where we can win a decked-out MacBook Pro. Check this out for more details.

To save you doom scrolling.

This is a prime example of how peak fear and uncertainty can bring out the best in everyone, even the long-time pros. Whatever happens, it’s very rarely a good move to sell overextended dumps fueled by widespread panic.

Whether we go straight up from here or have a little downtime to consolidate, I can’t help but think there’s at least one more really bullish quarter this year.

Which? It’s hard to tell for now, but my finger remains on the trigger.

stay safe homies,

Hix0n 🫡