$BTC vs #GOLD (XAU) | 4H update
๐ฐ Price: 1 BTC = 20.749 oz of gold
BTC rallied from 20.68 to 20.80 against gold, but it is now printing lower highs and has slipped back to 20.749.
๐ข UP scenario
Reclaim 20.766 โ retest 20.78 / 20.795
A move above 20.80 breaks the lower-high structure.
๐ด DOWN scenario
Lose 20.74 โ 20.70 โ 20.68
This is the same path the last 3 peaks took on this chart.
๐ Range on this chart: 20.670 โ 20.824
After 12 years in BTC, I trade levels, not predictions. Watch 20.766 and 20.74. The break of either one decides the side.
#BTC #bitcoin #GOLD #BTCVSGOLD
๐ฐ Price: 1 BTC = 20.749 oz of gold
BTC rallied from 20.68 to 20.80 against gold, but it is now printing lower highs and has slipped back to 20.749.
๐ข UP scenario
Reclaim 20.766 โ retest 20.78 / 20.795
A move above 20.80 breaks the lower-high structure.
๐ด DOWN scenario
Lose 20.74 โ 20.70 โ 20.68
This is the same path the last 3 peaks took on this chart.
๐ Range on this chart: 20.670 โ 20.824
After 12 years in BTC, I trade levels, not predictions. Watch 20.766 and 20.74. The break of either one decides the side.
#BTC #bitcoin #GOLD #BTCVSGOLD
