Bitcoin (BTC) price could gain in weaker financial conditions

A noteworthy analysis of the relationship between NFCI and bitcoin was recently shared by Fejau, host of the Forward Guidance Podcast. In an X thread, Fejau highlighted the negative correlation between NFCI and bitcoin, arguing that looser financial conditions often act as a tailwind for risky assets. According to Fejau, when financial conditions ease, the easing increases, leading to a risk environment where speculative assets, including bitcoin, tend to recover.