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awesomianist
Bitcoin runs when gold dips
jrcornel
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2024-07-31 21:59:57
Gold has become the inverse of bitcoin
What was once though of as digital gold, hasn't really be trading that way.
Check this out:
(Source: https://x.com/CryptoCon_/status/1818684361853878519/photo/1)
As you can see there are times when they are correlated but more when they are inversely correlated.
This means that if gold is peaking, bitcoin is about ready to rock and roll.