Gold surged by $500 to break $5500 in 4 days! Is it the end of Bitcoin or the strongest advertisement?
Witness the madness! Spot gold has historically broken through $5500/ounce this morning, skyrocketing over $500 in 4 days! Silver also hit a new high of $118. Gold and silver have entered a frenzied mode!📈
Why is it so crazy?
This is a collective action of de-dollarization! Trump has given the green light for the depreciation of the dollar, and global central banks and giants are frantically hoarding gold, collectively igniting this perfect storm.
Is it a bloodsucker or a divine assist for the crypto circle?
· Short-term threat: The frenzied market is siphoning off global hot money, and the crypto market may face liquidity pressure.
· Long-term super advertisement: The surge in gold is loudly telling the world: people's distrust of traditional fiat currency has reached its peak!
This provides an epic macro backdrop for the narrative of Bitcoin as digital gold!
Predictions for the coming week:
1. Inertia will push prices up, but volatility will increase dramatically; do not blindly chase highs.
2. Keep an eye on the dollar; its rebound may trigger short-term corrections in gold and silver.
3. Observe the flow of funds; if gold consolidates at high levels, whether funds return to the crypto market is key.
This is a live textbook of the loosening of fiat currency credit. Hold patiently; the greater the storm, the more valuable the fish!
