⚠️ Gold has soared (yellow line), Bitcoin has fallen sharply (blue line), and the current BTC/gold ratio (red line) has fallen to the long-term support level since 2020 - from the perspective of capital behavior itself, it is a phased return of risk-appetite funds to the old safe-haven channel. This kind of migration has occurred repeatedly in history: '08 crisis: funds from stocks → treasury bonds and European debt crisis: funds from European stocks → dollars in assets Early epidemic: funds from all risk assets → cash is extremes every time, and then repaired by mean. Think about the Nasdaq bubble in 2000, when the ratio relative to the S&P fell for many years, and the mainstream view unanimously believed that the technology stock valuation system was permanently destroyed. As a result, 10 years later, the Nasdaq became a long-term leading target; Think back to 2011–2015, when the ratio of gold to stocks continued to weaken, and the macro circle agreed that the ten-year bull market of gold was over and financial assets were back in power. Later, the world entered a zero interest rate + unlimited balance sheet expansion cycle, gold is still the hardest choice, so it doesn't matter to the family, find a sense of self and stick to your heart, all the wind and rain are worth it - look at the trend of the chart, we are about to usher in a repair upwards! Be confident! $BTC

BTC-5,97%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)