This one chart right here shows you why Bitcoin is going higher this year. Copper, Copper/Gold and the Business cycle are all highly key indicators of overall market position. Copper has broken out of a multi year accumulation, Copper/Gold is bottoming, and the business cycle is in expansion. These 3 charts highlight the strongest form of risk on signal you could ask for. And the 4th chart, Bitcoin, is tightly linked with them all. Each and every time in the past that Copper + the business cycle have pushed, and COPPER/GOLD has bottomed... Bitcoin has entered its most bullish phase. And the same is going to happen again, this time, whilst everyone is expecting 4 year cycle Q4 lows. It aint happening. Adapt now, or get left behind.
Share
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.