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₿ Are the gold peaks already behind us?
I came across an interesting chart of the BTC/gold ratio: previously, it took ~395 days from the peak of BTC dominance to its trough, after which it started to rise again.
Now, this period has already reached 427 days, and the question arises: either the pattern has broken down, or it has simply dragged on, and we will soon see an increase in BTC dominance.
This doesn't directly mean that BTC will skyrocket - it's just that gold may fall faster against BTC. And this seems logical, as the geopolitical situation is forcing many countries, such as Turkey and others, to sell their reserves to mitigate economic damage.
#BTC