Gold prices have made headlines, surpassing $3,000 an ounce before settling at $2,990. Gold futures for April delivery also hit the $3,000 mark. The metal’s value has increased by over 15% this year. This surge is attributed to significant inflows into gold ETFs, geopolitical tensions, and concerns about U.S. equities. In contrast, gold priced in British pounds remains about 300 pounds below its all-time high of 2,363. Over the last 30 days, gold ETFs have attracted $10 billion, while bitcoin ETFs have seen $5 billion in outflows. Charlie Morris, a noted expert, predicts a reversal in these trends, expecting bitcoin to regain ground against gold.
Edge21
@Edge21BTC
·
23h Despite ETF outflows, institutions are accumulating #Bitcoin, with 60% of $518B inflows in the last 6 months.
Demand at high prices signals potential upside. Short-term traders should watch $85K-$86K support & long-term holders may see a buying opportunity.
Ash Crypto
@Ashcryptoreal
·
Jan 15 Bitcoin is doing same what it did in
Jan 2024 and you just saw a biggest
bear trap in the $89,000 dump.
Bitcoin is up $10,000 in 3 days
GET READY FOR 2025 BULL RUN…..
Mitchell
@MitchellHODL
·
Dec 30, 2024 Do people like
@RetirementRight
not realize how retarded they look when they post screenshots like this?
Bitcoin is up more than 100% this year
It has outperformed every other major asset class
Highlighting short-term volatility is not a dunk
CryptosRus
@CryptosR_Us
·
Feb 10 Let’s review…
Consolidation periods often lead to explosive rallies..
Add on the fact that $BTC has been forming a massive Inverse Head & Shoulders since 2021..
And that institutions + Nation-states worldwide are accumulating $BTC at an unprecedented rate..
Idk how anyone
James Van Straten
@btcjvs
·
Jan 5 The market has now absorbed – 1,098,490 $BTC.
I think #Bitcoin LTH supply has bottomed out.
Supply has now grown over the past week and should now rise from here.
155 days ago was Aug. 3, which was 2 days prior to the Yen Carry Trade Unwind bottom. BTC dropped from $70k to
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