I presume we have a a gold bug in the room?
Gold's utility value is next to nothing when you lose the degenerate mindset and the commercialized advertising surrounding it - brought to you by the fiat world. Tungsten does as good a job at conductivity for a fraction of the cost, and it's plentiful.
I'm not a gold bug, I'm a bitcoiner it's just a retarded chart to use for store of value demonstration. It's just a low timeframe it's meaningless.
This same move has happened on this timeframe countless times. Who looks at time-frames this short? Gold has been used as a store of value, poorly, but there are so many better charts to show the value of BTC against gold. This one sucks. That's all I'm saying.
