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The 3 Faces of 16

by Ashraf Laidi
Jul 8, 2023 10:50

As the Bitcoin/Gold Ratio reaches 16.0, it calls up a crucial area, equivalent to two major inflection points in Bitcoin's past: The 2018 top and; the 2021 summer bottom. What will it be this time? A major inflection barrier? Or an inflection breakout? I will combine additional intermarket technical factors with our WBG to help us answer the question. 

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The 3 Faces of 16 - Bitcoin Gold Jul 8 2023 (Chart 1)

 
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