IMPORTANT TO READ
Keep an eye on the GOLD/BTC chart, which reveals the real value of these two valuable assets. You can spot the double bottom on the chart in 2021 and 2022, corresponding to the double top for BTC in those same years. This marked the beginning of a massive correction down to the 16k region. Now, we are close in reaching that region once again.
Despite Gold's parabolic rise since December 2022, it is in a big downtrend vs BTC. Watch the 0.027 BTC per ounce of Gold level, the same level that market BTC top in 2021 and 2022. The ounce level is equivalent to a BTC price of $86,444.44. This could be the worst-case top scenario (which I doubt), but it is more likely to be the region where the BTC correction will start and the region I will realize some gains.
The mentioned region is in my opinion the region in which the next BTC correction will start before continue going up to 100k region and above. This is a very long term thinking and there will be updates on this.
@DoctorProfit_CryptoIMPORTANT TO READ
Keep an eye on the GOLD/BTC chart, which reveals the real value of these two valuable assets. You can spot the double bottom on the chart in 2021 and 2022, corresponding to the double top for BTC in those same years. This marked the beginning of a massive correction down to the 16k region. Now, we are close in reaching that region once again.
Despite Gold's parabolic rise since December 2022, it is in a big downtrend vs BTC. Watch the 0.027 BTC per ounce of Gold level, the same level that market BTC top in 2021 and 2022. The ounce level is equivalent to a BTC price of $86,444.44. This could be the worst-case top scenario (which I doubt), but it is more likely to be the region where the BTC correction will start and the region I will realize some gains.
The mentioned region is in my opinion the region in which the next BTC correction will start before continue going up to 100k region and above. This is a very long term thinking and there will be updates on this.
Keep an eye on the GOLD/BTC chart, which reveals the real value of these two valuable assets. You can spot the double bottom on the chart in 2021 and 2022, corresponding to the double top for BTC in those same years. This marked the beginning of a massive correction down to the 16k region. Now, we are close in reaching that region once again.
Despite Gold's parabolic rise since December 2022, it is in a big downtrend vs BTC. Watch the 0.027 BTC per ounce of Gold level, the same level that market BTC top in 2021 and 2022. The ounce level is equivalent to a BTC price of $86,444.44. This could be the worst-case top scenario (which I doubt), but it is more likely to be the region where the BTC correction will start and the region I will realize some gains.
The mentioned region is in my opinion the region in which the next BTC correction will start before continue going up to 100k region and above. This is a very long term thinking and there will be updates on this.
@DoctorProfit_CryptoIMPORTANT TO READ
Keep an eye on the GOLD/BTC chart, which reveals the real value of these two valuable assets. You can spot the double bottom on the chart in 2021 and 2022, corresponding to the double top for BTC in those same years. This marked the beginning of a massive correction down to the 16k region. Now, we are close in reaching that region once again.
Despite Gold's parabolic rise since December 2022, it is in a big downtrend vs BTC. Watch the 0.027 BTC per ounce of Gold level, the same level that market BTC top in 2021 and 2022. The ounce level is equivalent to a BTC price of $86,444.44. This could be the worst-case top scenario (which I doubt), but it is more likely to be the region where the BTC correction will start and the region I will realize some gains.
The mentioned region is in my opinion the region in which the next BTC correction will start before continue going up to 100k region and above. This is a very long term thinking and there will be updates on this.