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When will bitcoin reach the peak of this cycle? Gold gives signals
If certain historical patterns repeat, bitcoin may have at least 3 more months of upward movement before possibly reaching the peak of the cycle.
Analysts agree that gold's behavior should be closely monitored for the remainder of the year.
The price of gold tends to be several months ahead of Bitcoin's.
A drop in gold would also serve to anticipate an upcoming crypto winter.
Has bitcoin already reached the peak of the cycle, or is there still more upward movement? The question many investors are asking.
According to the analysis firm Weiss Crypto, gold is the key signal. This is because, in the past, the precious metal has proven to be a leading indicator of bitcoin's price by several months, especially during key market moments.
#BTC☀
#BTC走势分析
#BTC
$BTC
When will bitcoin reach the peak of this cycle? Gold gives signals
If certain historical patterns repeat, bitcoin may have at least 3 more months of upward movement before possibly reaching the peak of the cycle.
Analysts agree that gold's behavior should be closely monitored for the remainder of the year.
The price of gold tends to be several months ahead of Bitcoin's.
A drop in gold would also serve to anticipate an upcoming crypto winter.
Has bitcoin already reached the peak of the cycle, or is there still more upward movement? The question many investors are asking.
According to the analysis firm Weiss Crypto, gold is the key signal. This is because, in the past, the precious metal has proven to be a leading indicator of bitcoin's price by several months, especially during key market moments.
#BTC☀
#BTC走势分析
#BTC
$BTC
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