According to @MilkRoadDaily, Bitcoin ($BTC) is increasingly being seen as a macro asset, indicating a shift in its trading dynamics. They suggest that while current market conditions may show further decline, there is potential for a market recovery in Q2, which traders should closely monitor.

According to Omkar Godbole (@godbole17), Bitcoin is currently behaving as a macro asset, reacting to significant economic data and changes in monetary and fiscal policies. Traders are closely watching for Powell's testimony and Wednesday's CPI data, which could influence Bitcoin's price movements.