📉Gold surged nearly 30% from the monthly low to fresh record highs before reversing sharply, with Friday marking the largest single-day loss on record.
📉The reversal followed a rejection from a major confluence resistance zone, raising the risk that a near-term high is now in place as price tests lower support levels. 📉Resistance 5000, 5520-5615 (key), 6000– Support 4780, 4604 (key), 4319 #MarketCorrection #BitcoinETFWatch #WhoIsNextFedChair #HotTrends
$ETH Bitcoin Bears Grow as Gold Nears $5K, Ethereum Lags Behind Amid Market Choppiness Bitcoin’s chances of hitting a new all-time high before July have declined to 19% amid price drops and geopolitical tensions. Gold is rapidly approaching $5,000, with a 94% chance of reaching it before Ethereum, which has only a 6% chance to hit $5,000 first. #BinanceHODLerBREV #MarketRebound #WriteToEarnUpgrade