Gold has risen 53% since the start of the year. Meanwhile, Bitcoin has fallen 2.3%, while Ethereum and Solana have fallen 8.1% and 27.1%, respectively. Since October 6, the crypto market has lost $1,200,000,000,000 in market capitalization.
We see a clear trend toward more stable assets, but I believe this trend will soon reverse. Cryptocurrency has all the tools for further growth, while gold is already heavily overbought and has very little potential.
Gold has been in a bullish cycle for 8+ years now, and it's time to gradually begin to decline. I expect liquidity to flow from gold to high-risk assets, including crypto. $GT $ETH $GUSD #btc #usdt #ltc #sol #xrp
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Deltapro
· 11-19 08:00
🚀#BTC $90,960, #ETH $3,040
Fear and Greed Index - 16
Alt Season Index - 28
Market Cap - $3.11 Trillion
Coin Opinions
📉 Short Candidates:
— APR
📈 Long Candidates:
— SOL
— HYPE
Gold continues to dominate BTC.
Gold has risen 53% since the start of the year. Meanwhile, Bitcoin has fallen 2.3%, while Ethereum and Solana have fallen 8.1% and 27.1%, respectively. Since October 6, the crypto market has lost $1,200,000,000,000 in market capitalization.
We see a clear trend toward more stable assets, but I believe this trend will soon reverse. Cryptocurrency has all the tools for further growth, while gold is already heavily overbought and has very little potential.
Gold has been in a bullish cycle for 8+ years now, and it's time to gradually begin to decline. I expect liquidity to flow from gold to high-risk assets, including crypto.
$GT $ETH $GUSD #btc #usdt #ltc #sol #xrp