Just to recap where we are: gold has broken correlation with rates and bitcoin is hanging around year and a half highs. Due to bearer asset nature like gold: reasons to believe that bitcoin is now acting like it's risk off but we don't know. That's where we are. Grab a drink.

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Did I get it right?

And

Did I mention I'm drunk?

second time i am seeing this

Market crash incoming.

Likely next week.

Wait for bottoming.

You're confusing me. Are you a bot or not?

I stopped looking at BTCUSD and started looking at XAUBTC... gold vs Bitcoin

Using logarithmic scale, it makes more sense to me, it didn’t break beautiful resistance and just lost the support of the short, for now it’s okay!

Enjoy your drink!