# charts

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🚨 Bitcoin price has reached an all-time low compared to gold!
While gold celebrates its all-time high, Bitcoin is trading at a record discount — the Z-score index of Bitcoin against gold (BTC/XAU) has fallen below -2 for the first time in history!
Look at what happened in previous instances when we saw this sharp decline in value:
🔸 Late 2022 ← Bitcoin surged approximately 150% in the following year
🔸 March 2020 ← A massive increase of 1170%
When Bitcoin's price reaches this low level compared to gold... a period of significant outperformance begins immediately after gold peaks.
Analyst Jul
BNB0,62%
BTC-0,21%
ETH-0,4%
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Should the #bitcoin bull market resume this year after a correction (I believe it will), this is the simple technical pattern I see playing out to hit our minimum bull market target of ~$129k
$BTC #macro #charts analysis #targets
BTC-0,21%
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CuanTerusvip:
BTC Otu K40K
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