Yep, them are some fightin' words right there. But, on a monthly chart, Gold / BTC tells a potential story. It may not happen this year, but it looks to be shaping up.
A black swan event could actually be a reversion to a gold standard or something similar, causing sovereigns to scramble for physical gold, causing the price to skyrocket.
Perhaps capital controls on USD? Something else related to USD? Who knows, but a falling wedge at this scale is important.
A black swan event could actually be a reversion to a gold standard or something similar, causing sovereigns to scramble for physical gold, causing the price to skyrocket.
Perhaps capital controls on USD? Something else related to USD? Who knows, but a falling wedge at this scale is important.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.