Recently, a cryptocurrency market research organization released a Depth analysis report focusing on the price correlation between gold and Bit as well as potential future trends.



The report points out that, influenced by the lower-than-expected U.S. employment data, international gold prices are steadily rising, currently hovering around $3600 per ounce, almost reaching a historical high. This phenomenon reflects strong demand from investors for safe-haven assets.

At the same time, Bitcoin, known as 'digital gold,' has fallen into a state of fluctuation. The latest data shows that the price of Bitcoin fluctuates slightly around $112,600, with a volatility of less than 3%, indicating a temporary balance between bullish and bearish forces.

However, analysts are particularly focused on a key indicator that may signal the future trend of Bitcoin - the ratio of Bitcoin to gold. Historical data shows that this ratio has significant cyclical characteristics and exhibits highly consistent performance patterns at critical moments.

Specifically, when this ratio reaches long-term resistance levels, it often triggers a "gold continues to rise, Bitcoin rebounds from the bottom" correlated effect. This pattern has been validated in three important market cycles in 2015, 2020, and 2022.

In 2015, when the ratio reached 0.25, Bitcoin initiated a strong upward trend, subsequently reaching an all-time high in 2017. Similar situations occurred in 2020 and 2022; each time the ratio approached a critical level, Bitcoin experienced significant price increases.

Currently, this ratio is once again approaching a historic support level, which may indicate that Bitcoin is about to enter a new round of upward cycles. However, investors should remain cautious, closely monitor market dynamics, and consider various factors before making investment decisions.

As the global economic environment continues to change, the relationship between traditional safe-haven assets and emerging digital assets is also evolving. Investors need to have a more comprehensive understanding of the market, weighing the risks and returns of various assets to better cope with potential market fluctuations in the future.
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NewPumpamentalsvip
· 17h ago
Stop blowing, it's just one step away from a big pump.
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FlatTaxvip
· 17h ago
Oh, just waiting for BTC to big pump.
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SchrodingersFOMOvip
· 17h ago
Bull run hasn't even started and you want to Be Played for Suckers? Hehe
View OriginalReply0
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