Can Bitcoin recover as gold plunges from record highs? Analysts weigh in

Can Bitcoin recover as gold plunges from record highs? Analysts weigh in

Bitcoin-to-gold ratio hits historic lows that previously preceded major bull runs, with past bottoms preceding 100–600% BTC price rallies.

Key takeaways:

Gold’s ongoing pullback could trigger Bitcoin’s rebound, according to multiple analysts.

Rallying to $150,000–$165,000 by year’s end is still possible, based on technical analysis.

Read more

If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.

If you want to read more News articles, you can visit our General category.

Source

Leave a Reply

Your email address will not be published. Required fields are marked *