$XAU (Gold) has fully retraced the move to the levels when buyback of bonds announcement was made.
Gold lead the rally and $BTC followed it to the 81k level. Since gold has erased all its gains since the news and fell almost 10% from the top, we can expect bitcoin to do the same. Hence, a correction of minimum 10% is expected on bitcoin.
Gold lead the rally and $BTC followed it to the 81k level. Since gold has erased all its gains since the news and fell almost 10% from the top, we can expect bitcoin to do the same. Hence, a correction of minimum 10% is expected on bitcoin.
