Analyst: It Could Take 3 Months for Bitcoin Price to Repeat Gold Bull Market
2024-08-13 10:04:43
Digital assets fund capriole investments founder person representation btcdesk3cryptocurrencydesktopCrypto News
The founder of digital asset fund Capriole Investments said that the BTC price movement still looks "very promising". Edwards uploaded a chart comparing the BTC price movement with the gold price movement since the end of 2019, and he concluded that once gold starts to show a new trend, it will only take time for Bitcoin to keep up. Superimposing XAU/USD onto BTC/USD shows that the incubation period for Bitcoin is about three months.
"According to a rough rule of thumb, the macro trend of bitcoin is usually a few months behind gold."
"According to a rough rule of thumb, the macro trend of bitcoin is usually a few months behind gold."
Previous article：
分析师：比特币价格可能需要 3 个月才能复制黄金牛市Next article：
Pump.fun7月协议收入超2800万美元，创历史新高7x24 Newsflash
Hot News
Vitalik: "DAO" means "project", "official" means "scam"Backpack Exchange已面向英国用户开放其服务派盾：NIBI同名代币发生Rug Pull，损失约31.39万美元香港金管局推出稳定币发行人沙盒CIAN与Lido合作，在Base上推出wstETH Hyper-Staking VaultGate.io 3月储备金总额突破60亿美元，额外储备金超8亿美元Polyhedra Network已于3月12日16时完成ZK空投快照英FCA：不会反对加密资产相关ETN上市请求BTC流通市值突破1.4万亿美元，续创新高Space Nation将于3月底启动OIK代币空投
Sociality
