Tyler Hill Crypto
Gold just had its worst day in 5 years, Bitcoin’s rotation moment might be here.Spot gold slid 5.3% after touching record highs, its steepest drop since 2020.The BTC/gold ratio has fallen nearly 30% since August, but that tide could flip fast.Analysts say a 2% rotation out of gold’s $17T market could send Bitcoin above $160K.With rate cuts incoming and risk appetite returning, the rotation trade is quietly setting up again.
1 week ago | [YT] | 54
Tyler Hill Crypto
Gold just had its worst day in 5 years, Bitcoin’s rotation moment might be here.
Spot gold slid 5.3% after touching record highs, its steepest drop since 2020.
The BTC/gold ratio has fallen nearly 30% since August, but that tide could flip fast.
Analysts say a 2% rotation out of gold’s $17T market could send Bitcoin above $160K.
With rate cuts incoming and risk appetite returning, the rotation trade is quietly setting up again.
1 week ago | [YT] | 54