
Mike McGlone|May 18, 2025 11:58
Bitcoin/Gold may be a primary leading indicator -
Bitcoin shows signs of crowd effect buying following the US presidential election, yet the Bitcoin/gold ratio at about at 32x, is unchanged since 2021. Selling when they're yelling risks appear elevated in cryptos. There could be deflationary dominoes if Bitcoin/gold breaches 25x support.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/swctf0dwx2ps {BI COMD}
#Commodities #gold #bitcoin #stockmarket @BBGIntelligence
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