Home
News
Details

Copper-Gold Ratio Hits 15-Year Low as Analyst Forecasts Market Response to Fed Easing

iconCoinEdition
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$88,780.600.59%
The **crypto market** saw the Copper/Gold ratio hit a 15-year low, signaling a potential cycle bottom. Analyst Michael van de Poppe notes the market hasn’t priced in the Fed’s latest easing, with macro indicators trending pessimistic. Bitcoin’s RSI dropped below 20, and the MACD spread hit an extreme, pointing to a capitulation event. Van de Poppe expects a **crypto market** reaction in coming weeks, with Bitcoin needing $92,000 to turn bullish. He also highlighted **altcoins to watch** as the Fed’s move may not trigger immediate shifts.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.