The recent price ratio of Bitcoin to gold has officially fallen back to the 20x level, roughly the same as five years ago. Reflecting on the 2021 rally, combined with the surge earlier this year, it’s fair to say that both were just white gains. Looking at historical trends, the bottom of this ratio is around 10x, with the top reaching close to 30x. Currently stuck at the 20x level, which is exactly the middle ground. From a cycle perspective, although this round of adjustment is a bit painful, it’s not unexpected — the market is always testing these key support levels repeatedly.

BTC-2,51%
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Ser_Liquidatedvip
· 5h ago
It went up twice for no reason, hilarious, this is the crypto world.
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MissingSatsvip
· 8h ago
The surge in 2021 and at the beginning of this year was so exciting, but it still returned to the price levels of five years ago. That feeling is indeed a bit intense.
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ForkTonguevip
· 8h ago
It's just a double increase, where's the promised bull market?
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FUD_Whisperervip
· 8h ago
White doubled twice? Come on, we're just here to harvest the leeks.
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