$BTC is flexing hard again โ and gold just blinked. As U.S.-China trade tensions cool off, the markets are heating upโฆ and Bitcoin is leading the charge.
๐ $BTC (Bitcion) has outperformed gold by nearly 19% in just two weeks โ and that #momentum might just be getting started.
A key chart pattern just broke out โ the inverse head-and-shoulders on the BTC-to-gold ratio โ signaling a big trend reversal. Translation? Bitcoin could skyrocket even more against gold.
GOLD, after hitting $3,500, dropped over 8%. BTC? It surged to $104K โ yeah, you read that right.
๐ผ Trade deal news:
U.S. and China are slashing tariffs, shaking hands, and giving the global economy a reason to breathe again. Thatโs a green light for risk-on assets โ and crypto is loving it.
๐ Even bigger picture:
โข U.S. striking trade deals with China & UK
โข Putin and Zelensky planning talks this week
โข Investors flooding back into crypto and equities
๐ Target? $BTC -to-gold ratio heading toward 35.00, up from 32.00.Thatโs bullish.This could be just the beginning.Bitcoin thrives on momentum โ and right now, the wind is at its back.