Gold + metals trade is resulting in a massive wealth effect that will find its way towards BTC. In this trade, Bitcoin sits at the extreme of the risk curve, and capital isn’t being forced to that extreme. Yet. It’s all connected. The mechanics that are making these metals rip will soon affect the ones that BTC rely on.

Res
@resdegen
12-27
Can’t wait for BTC to be back at $120k+ in a couple of months and hear everyone in this app say how it was obvious that Gold and metals were giving us a hint and BTC was just lagging as always.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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