🔼 Swissblock: Gold's Rise Predicts BTC's Next Surge
Swissblock Technologies is a Swiss asset management company focused on cryptocurrencies and algorithmic trading. It is known for its research on the relationship between crypto and traditional markets.
• Gold continues to rise, Bitcoin consolidates. Swissblock calls gold a "spoiler" for BTC, citing historical patterns.
• Chart shows: when gold rises and Bitcoin remains depressed (blue zones), this is an accumulation phase before a sharp rise.
• In the 2020-2021 cycle, this divergence preceded a 400% Bitcoin rally.
• Gold has been in a parabolic move for 28 months. Analysts believe Bitcoin's delay could lead to a sharp rise.
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