can we talk about gold for a second...
$4,144 right now and barely anyone in crypto is paying attention 😂
everyone's busy watching altcoins pump while gold is just quietly sitting at levels nobody thought possible a few years ago
$2.6B volume on$XAU today on Binance alone
that's not a small number bro 👀
here's the thing that always gets me...
every single time gold runs like this there's a reason
big institutions don't just pile into gold for fun
they're scared of something... inflation, dollar, geopolitics, who knows
but they know something 🤷
and historically BTC tends to follow gold with a few weeks delay
not always, but enough times that i can't ignore it
so while i'm watching my altcoins i'm also keeping one eye on gold
because if gold breaks $4,200...
i think crypto is about to have a very interesting October 👀
or maybe i'm reading too much into it at 1am 😂
what do you think gold running means for BTC?
👇
#Bitcoin #BTC #crypto #BinanceSquare #Macro