Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users.
Kindly, Phil
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Quick rectification : an OZ of gold is a troy OZ weighting 31.1g and not 28g which is for common agriculture goods. Anyhow this does not change the overall scaling. The main topic in this analysis is to highlight that even with a very imprecise calculation, we'll always reach the same conclusion, there's still a lot of room for BTC to catch up on GOLD as a safe heaven competitor
Happy New Year Phil. Another brilliant analysis!! :D
PRO_Indicators
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@ZenChill, I did mostly because assessing value shifting potential is going to be an absolutely necessary ground basis to trade BTC correctly in 2021. I'm basically preparing for the yearly update coming next week in Youtube ;)
alessiopiazza
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As always thanks for sharing your ideas!
ttk100
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1. i agree we can´t predict the value and outlook what btc will do in real life, adaption etc. THAT´S WHY we look at chart analysis!
2. you said for months: wait , hold and don´t invest.... gmrpffff
I DO LIKE this analysis and idea though. thank you.