🔄 Gold and silver have dominated asset market performance over the past year, but the ratio of Bitcoin to these two precious metals is approaching a critical resistance level, which may indicate a shift in market sentiment—from traditional safe-haven assets to BTC.
From a technical perspective, the data is quite interesting:
**BTC/Gold Ratio** - Resistance level: 0.060 - Support level: 0.050
**BTC/Silver Ratio** - Resistance level: 6.5 - Support level: To be broken
Whether these key levels are broken or not will likely determine the upcoming change in Bitcoin's attractiveness relative to traditional precious metals. Markets are always rotating, and the key is to catch the turning points.
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LiquidityWitch
· 5h ago
Breaking through is just breaking through. Anyway, these two old antiques, gold and silver, should make way. BTC has long been due for a major rotation.
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OnchainGossiper
· 6h ago
Wait, does the BTC/Gold ratio need to break 0.060? Then gold might really be pushed out this time, it seems the trend is indeed changing.
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screenshot_gains
· 6h ago
Breaking below is just breaking below; anyway, gold has already risen enough this round, and it's Bitcoin's turn to show some muscle.
It's the rotation theory again... Is it really different this time? It feels like I hear this every year.
Breaking through the key levels is what counts, but it's easier said than done.
🔄 Gold and silver have dominated asset market performance over the past year, but the ratio of Bitcoin to these two precious metals is approaching a critical resistance level, which may indicate a shift in market sentiment—from traditional safe-haven assets to BTC.
From a technical perspective, the data is quite interesting:
**BTC/Gold Ratio**
- Resistance level: 0.060
- Support level: 0.050
**BTC/Silver Ratio**
- Resistance level: 6.5
- Support level: To be broken
Whether these key levels are broken or not will likely determine the upcoming change in Bitcoin's attractiveness relative to traditional precious metals. Markets are always rotating, and the key is to catch the turning points.