source avatarkook

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bitcoin already bottomed against gold the low came back in february at 12.4 ounces per coin..... june dragged $btc to a lower low in dollars priced in gold it held a higher low one coin buys 18.6 ounces today up 50% from february while gold bled 22% every bear market floor in gold terms sits above the last > 2.57 ounces in 2019 > 9.03 in 2023 > 12.4 this year the 200 week average is 22.4 ounces at current gold thats $91k $btc 22.4 ounces is next

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