been watching bitcoin's price action against gold lately and honestly, the setup looks interesting. over the past nine months since february, the correlation has been telling us something - when you overlay btc against gold performance, we might actually be getting close to a real bottom.



analysts have been comparing these two for a while now, and the gap is narrowing in a way that hasn't happened in a while. gold's been steady, but bitcoin's volatility against it suggests we could be nearing an inflection point. not saying it's guaranteed, but the chart's speaking to me.

the nine months from february have basically been a consolidation phase. if history rhymes, this is typically where smart money starts positioning. worth keeping an eye on if you're thinking medium-term.
BTC0.56%
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