Gold is rising - does that mean BTC will rise soon?
#Gold is rising as the US heads into recession, and gold serves as a safe haven during downturns.
Crypto is not gold, and most investors will never put their money into it; it is always a risk.
The correlation between Bitcoin and gold is not stable and depends on various factors, including economic conditions, market sentiment, and institutional adoption. Therefore, while both assets may move in the same direction during certain periods, their behavior can differ significantly at other times.
Also about M2:
The money supply can be increased in the economy by purchasing government securities such as treasury bills and government bonds.
And this does not mean that this money will go into crypto, which is always a highly risky asset. And in a recession, like now, money will not flow into crypto.
Tomorrow I will record a podcast for you on which months the cryptocurrency market should rise and what will contribute to that…
