Hi everybody. When I analyzed bitcoin as gold parity last night, I noticed that it had a very clean chart. I was quite surprised at why Bitcoin's gold chart is so clear. I think whales trade bitcoin buy and sell by comparing with gold. If Bitcoin continues this technical relationship due to gold, its possible support and resistances are as in the chart.
In the event of a possible rally, bitcoin can yield around 4x-6x.
What are you thinking? Did Bitcoin's relationship with gold sound very interesting?
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