@askrafiki's thread

Bitcoin acting as digital gold in 2026 amid volatility.

Recent data shows inflows and price action consistent with safe-haven demand over pure tech speculation.

• BTC cleared $85K on $648M short liquidations (Sep 21).
• ETFs added $1.7B net inflows over two days as price topped holder cost basis (Sep 23).
• Sequans unwound final 314 BTC treasury position to retire debt (Sep 24).

Mixed signals: institutional accumulation continues while some corporates exit.