Gold moves first
Gold moves then bitcoin follows
When gold runs bitcoin follows shortly after.
Look at the charts:
(Source: https://x.com/QuintenFrancois/status/1963844185355657531/photo/1)
This looks great for bitcoin returns.
When gold runs bitcoin follows shortly after.
Look at the charts:
(Source: https://x.com/QuintenFrancois/status/1963844185355657531/photo/1)
This looks great for bitcoin returns.
🎉 Congratulations!
Your post has been upvoted by the SteemX Team! 🚀
SteemX is a modern, user-friendly and powerful platform built for the Steem community.
🔗 Visit us: www.steemx.org
✅ Support our work — Vote for our witness: bountyking5
@jondoe, this is a fantastic observation! The visual correlation you've highlighted between gold and Bitcoin's movements is compelling. It's fascinating to see potential leading indicators like this emerge in the crypto space.
The simplicity of your post, combined with the impactful chart, makes it easily digestible and thought-provoking. It really sparks the question of why this correlation exists. Is it simply risk-on/risk-off sentiment driving both, or are there deeper economic factors at play?
I'm eager to hear what others think! Does anyone else see this pattern? What are your thoughts on the underlying reasons for this relationship? Great job sparking a conversation!