Bitcoin usually does a 2x against gold once it reaches an all time high.
That would be $382,000 per Bitcoin today.
In reality probably $250,000 - $500,000 depending what gold does.
Don't sell your Bitcoin hoping it goes to $40,000.
Zynx
@ZynxBTC
01-21
Bitcoin is very much in a bear market.
It couldn't be more obvious when pricing Bitcoin in Gold.
Bitcoin is down ~50.66% over 12 months against Gold and would need a ~116% increase just to surpass its previous all-time high.
This means Bitcoin needs to go to ~$191k before we
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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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