Been watching $BTC priced in gold for a while. We've basically been stuck in the same range for 5+ years.
The interesting part? After months of bouncing around the bottom, we just saw a deviation below and then reclaimed it. That's exactly the kind of structure long-term holders want to see.
Think of it like this: imagine you're buying a house in a neighborhood where prices have been flat forever. Then one day prices dip below the usual floor, shake out the weak hands, and immediately bounce back above. That fake-out move often sets up the next leg higher.
Same thing happening here with $BTC/gold. The deviation cleared out leverage, tested support, and the reclaim shows strength. Not saying we moon tomorrow, but the setup is cleaner than it's been in months.
The interesting part? After months of bouncing around the bottom, we just saw a deviation below and then reclaimed it. That's exactly the kind of structure long-term holders want to see.
Think of it like this: imagine you're buying a house in a neighborhood where prices have been flat forever. Then one day prices dip below the usual floor, shake out the weak hands, and immediately bounce back above. That fake-out move often sets up the next leg higher.
Same thing happening here with $BTC/gold. The deviation cleared out leverage, tested support, and the reclaim shows strength. Not saying we moon tomorrow, but the setup is cleaner than it's been in months.
