Comparison Between $BTC and Gold on the Monthly Chart
📍Bitcoin has broken out above a key horizontal resistance level and successfully retested it from above. All the exponential moving averages (EMAs) are currently acting as support, indicating strong bullish momentum in the long term.
📍Gold, on the other hand, surged with significant volume after breaking out of its horizontal resistance.
📍This comparison suggests that while Gold has already experienced its breakout rally, BTC's major upward move may still be pending 🧐
