$BTC vs $GOLD Big high timeframe level to watch. Gold has been on an absolute tear this year. BTC has been lackluster. This ratio has been getting respected pretty wel at this ~25 level. Good to keep an eye on in the week(s) ahead. Especially if Gold cools off for some time, we could see some of that capital flow back into more riskier assets. Equities would be the main beneficiary. Bitcoin & Crypto would likely take a small piece of the pie as well.
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