Wall Street’s $292 billion risk-on rotation just created a new bullish setup for Bitcoin

Global equity funds pulled in over $15 billion in the week through Apr. 1, then $23.47 billion, $31.26 billion, and finally $48.72 billion in the week through Apr. 22. Global money-market funds simultaneously bled a $173.24 billion outflow in the week through Apr. 15, the biggest single-week exit from cash since at least September 2018. Together, the figures create a roughly $292 billion risk-on signal, combining $11…