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powerintegral
Mar 29, 2022 5:29 PM

Bitcoin/Silver ratio looking bearish Short

BTCUSD/SILVERBitstamp

Description

Many market analysts are saying that the crypto world is holding on the precious metal word. If you look at the ratio of Bitcoin/Silver, it seems due for another leg down that could bring the ratio back to the 500 area (ex: $20 000 Bitcoin/$40 Silver or $40 000/$80 ?).

I like Bitcoin and cryptos in general but I believe that the time has arrived for silver (and gold) to shine a bit.



Comments
GregTheSpider69
This chart is literally just the BTCUSD chart. Silver hardly moves ever.
powerintegral
@GregTheSpider69, recently silver has been quiet but the commodity bull market has just started...silver should accelerate soon towards $50 then probably much higher.
dmcm10
@powerintegral, hows that commodity bull market going?
ram4nd
That means bitcoin will go down and silver will go up.
Bearkiller84
😂 😂 Bear 🐻 🔫
powerintegral
@Bearkiller84, I love Bitcoin for the long run but the current inflation environment is not favourable for financial assets vs hard assets.
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