#TradeWarEases After the trade truce between the U.S. and China 🌍🤝📉
🧠⚡ The market is buzzing and it's not just from Monday's caffeine ☕… Bitcoin is beating gold! 🥊💥
In the last two weeks, BTC has risen by 19%, while gold has deflated more than 8%, falling from $3,500 to $3,211. The culprit? A cocktail of macroeconomic factors that are changing the game for safe haven assets 📉🏦
The juiciest part of the matter?
The BTC/XAU ratio has just broken a 'head and shoulders' pattern, a classic technical signal that screams: bullish trend activated! 📈🧠 This indicates that Bitcoin could continue gaining ground against gold, with a target ratio aiming for 35.00 from the current 32.00.
📊 But this is not just technical analysis…
The global context is also playing in favor of crypto:
➡️ The U.S. and China agreed to reduce mutual tariffs: from 125% to 10% on U.S. products and from 145% to 30% on Chinese products 📉📦
➡️ This generates a 'renewed risk sentiment' that boosts both stocks and crypto assets alike 📊📈
➡️ A meeting between Putin and Zelensky is even being considered to discuss a possible ceasefire… and the market reacts with euphoria ⚖️☮️
👉🏻 According to Mena Theodorou from Coinstash, this economic truce is the perfect fuel for investors to return to risk, sidelining traditional assets like gold and betting on new digital havens like Bitcoin 🔥🪙
So if you were wondering why BTC is roaring while gold is yawning... the answer lies in the charts and international diplomacy 📉📈🌐
📌 Sources: CoinDesk, TradingView, U.S.-China Statement
🫵 And now you, crypto community…
🤔 Do you think Bitcoin is ready to replace gold as the ultimate global safe haven? 🧱🔄🪙
Are you covering yourself in BTC or do you still trust precious metals?🟠🚀💰
💬Leave me your opinion in the comments!
Follow me for more viral news from the crypto ecosystem and don't forget to share this post if you found it useful or interesting. See you next time!👋🏻
