$BTC HISTORICAL JULY EDGE VS GOLD IN QUESTION AMID MACRO STORMS 🔥
Body:
July opened with a geopolitical shock — the collapse of the US-Iran ceasefire sent Bitcoin sliding to $62K, wiping out $300M in long positions in hours. Oil surged 4%, reclaiming $75, and Polymarket odds of oil hitting $80 jumped from 13% to 65%. The Fed rate hike probability hit 29.4%, a one-month high, while 50% of BTC supply is now underwater.
Yet history shows BTC averaged 20% gains in July 2018 and 17% in July 2022, even in bearish cycles. Gold also sees a 1.5% average July gain. Currently the BTC/XAU ratio is up 4.5% this month, signaling Bitcoin is still outperforming despite macro headwinds.
Do you trust July seasonal BTC strength or rotate into gold as the macro storm intensifies?
Not financial advice. Always manage your risk.
#BTC #MacroAnalysis #BTCvsGold #GeopoliticalRisk
🔥
Body:
July opened with a geopolitical shock — the collapse of the US-Iran ceasefire sent Bitcoin sliding to $62K, wiping out $300M in long positions in hours. Oil surged 4%, reclaiming $75, and Polymarket odds of oil hitting $80 jumped from 13% to 65%. The Fed rate hike probability hit 29.4%, a one-month high, while 50% of BTC supply is now underwater.
Yet history shows BTC averaged 20% gains in July 2018 and 17% in July 2022, even in bearish cycles. Gold also sees a 1.5% average July gain. Currently the BTC/XAU ratio is up 4.5% this month, signaling Bitcoin is still outperforming despite macro headwinds.
Do you trust July seasonal BTC strength or rotate into gold as the macro storm intensifies?
Not financial advice. Always manage your risk.
#BTC #MacroAnalysis #BTCvsGold #GeopoliticalRisk
🔥