⚠️ Gold has soared (yellow line), Bitcoin has fallen sharply (blue line), and the current BTC/gold ratio (red line) has fallen to the long-term support level since 2020 - from the perspective of capital behavior itself, it is a phased return of risk-appetite funds to the old safe-haven channel. This kind of migration has occurred repeatedly in history: '08 crisis: funds from stocks → treasury bonds and European debt crisis: funds from European stocks → dollars in assets Early epidemic: funds from all risk assets → cash is extremes every time, and then repaired by mean. Think about the Nasdaq bubble in 2000, when the ratio relative to the S&P fell for many years, and the mainstream view unanimously believed that the technology stock valuation system was permanently destroyed. As a result, 10 years later, the Nasdaq became a long-term leading target; Think back to 2011–2015, when the ratio of gold to stocks continued to weaken, and the macro circle agreed that the ten-year bull market of gold was over and financial assets were back in power. Later, the world entered a zero interest rate + unlimited balance sheet expansion cycle, gold is still the hardest choice, so it doesn't matter to the family, find a sense of self and stick to your heart, all the wind and rain are worth it - look at the trend of the chart, we are about to usher in a repair upwards! Be confident! $BTC
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⚠️ Gold has soared (yellow line), Bitcoin has fallen sharply (blue line), and the current BTC/gold ratio (red line) has fallen to the long-term support level since 2020 - from the perspective of capital behavior itself, it is a phased return of risk-appetite funds to the old safe-haven channel. This kind of migration has occurred repeatedly in history: '08 crisis: funds from stocks → treasury bonds and European debt crisis: funds from European stocks → dollars in assets Early epidemic: funds from all risk assets → cash is extremes every time, and then repaired by mean. Think about the Nasdaq bubble in 2000, when the ratio relative to the S&P fell for many years, and the mainstream view unanimously believed that the technology stock valuation system was permanently destroyed. As a result, 10 years later, the Nasdaq became a long-term leading target; Think back to 2011–2015, when the ratio of gold to stocks continued to weaken, and the macro circle agreed that the ten-year bull market of gold was over and financial assets were back in power. Later, the world entered a zero interest rate + unlimited balance sheet expansion cycle, gold is still the hardest choice, so it doesn't matter to the family, find a sense of self and stick to your heart, all the wind and rain are worth it - look at the trend of the chart, we are about to usher in a repair upwards! Be confident! $BTC