Bitcoin's Bounce May Signal Volatility Season Start Up about 22% for the week ending Aug. 21, Bitcoin had one of its best weeks since US ETFs were launched in 1Q24 and may signal the start of volatility season, with implications for all markets. My graphic showing the ounces of gold equal to a Bitcoin at about 17x (the same as 1Q21) indicates the poor performance of the first-born digital token, which appears among a gaggle of crypto pigeons vs. a few precious-metals doves. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tk9nt9r24u95 {BI COMD} #Bitcoin #gold #stockmarket @Bloomberg(Mike McGlone)