OVERBOUGHT CONDITIONS Amazing move, but RSI above 90 on the weekly tells me a pullback is imminent.
Silver (candles) vs BTC (orange line) 1 year price action Silver and gold are traditional hedges against the Federal Reserve Note BTC is now the novel new anti-dollar vehicle Will Silver ever catch up to BTC, or begin to close this massive gap? In a digital era, will archaic physical money ever gain steam again?
The Federal Reserve note is dying. BTC is the Harbinger. Price action is violently bullish. Any fundamental downside compared to the dollar? No. BTC has a finite float, the float of the dollar is infinite. To use a stock market analogy, the dollar has unlimited Authorized shares, BTC has limited authorized shares. It's just a matter of time