Huraira Tahir
11 Following
18 Followers
23 Liked
1 Shared
Posts
Quotes
PINNED
$BTC PREDICTIONS (with a grain of salt) 😎
BTC might test $70k-73k support levels this month, in line with SMA 200 and SMA 50 death cross.
If it sustains, will trough up and then drop by August/September 2025 (historically bearish months) before steadily climbing up.
$BTC has usually run in sync with the S&P 500 index in similar cycles so definitely watch for the latter for strategic indications.
Hopefully the #TrumpTarrifs situation calms down before this month's end.
BTC might test $70k-73k support levels this month, in line with SMA 200 and SMA 50 death cross.
If it sustains, will trough up and then drop by August/September 2025 (historically bearish months) before steadily climbing up.
$BTC has usually run in sync with the S&P 500 index in similar cycles so definitely watch for the latter for strategic indications.
Hopefully the #TrumpTarrifs situation calms down before this month's end.
#Crypto vs Gold : A Fight of Succession
As per Gold.org, about 216,265 Metric Tonnes of gold had been mined and were above ground at the end of 2024.
Gold at the start of 2025 had proven reserves in between 54000-64000 Tonnes.
The market cap of Gold (above ground) early May this year was estimated at around $22T.
We saw the entire crypto market peak at $3.6T last year in December. In correspondence, BTC had an ATH market cap of ~ $2.1T early January this year.
With a market cap difference of at least 7 times at present, crypto definitely has some ways to go as a commodity.
Will we see the gap close up in the next alt-season? Time will tell.
#BTCVSGOLD #CryptoVsGold #2025 #AltcoinSeasonComing
photocredits: royalbull.ca
As per Gold.org, about 216,265 Metric Tonnes of gold had been mined and were above ground at the end of 2024.
Gold at the start of 2025 had proven reserves in between 54000-64000 Tonnes.
The market cap of Gold (above ground) early May this year was estimated at around $22T.
We saw the entire crypto market peak at $3.6T last year in December. In correspondence, BTC had an ATH market cap of ~ $2.1T early January this year.
With a market cap difference of at least 7 times at present, crypto definitely has some ways to go as a commodity.
Will we see the gap close up in the next alt-season? Time will tell.
#BTCVSGOLD #CryptoVsGold #2025 #AltcoinSeasonComing
photocredits: royalbull.ca
$BTC PREDICTIONS (with a grain of salt) 😎
BTC might test $70k-73k support levels this month, in line with SMA 200 and SMA 50 death cross.
If it sustains, will trough up and then drop by August/September 2025 (historically bearish months) before steadily climbing up.
$BTC has usually run in sync with the S&P 500 index in similar cycles so definitely watch for the later for strong indications.
Hopefully the #TrumpTarrifs situation calms down before this month's end.
BTC might test $70k-73k support levels this month, in line with SMA 200 and SMA 50 death cross.
If it sustains, will trough up and then drop by August/September 2025 (historically bearish months) before steadily climbing up.
$BTC has usually run in sync with the S&P 500 index in similar cycles so definitely watch for the later for strong indications.
Hopefully the #TrumpTarrifs situation calms down before this month's end.
Login to explore more contents