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โ# GoldPrintsNewATH
๐ฅ BREAKOUT: Gold
Smashes All-Time Highs ๐ฅ
Spot gold just tore through the Oct 20 high, touching $4,381.4/oz
and printing a fresh historic ATH. ๐
The macro landscape is shifting. This kind of
relentless strength in gold usually screams one thing: Falling global
risk appetite. Capital is fleeing for safety. ๐โโ๏ธ๐จ
But what does this mean for #Bitcoin? We are at a
crossroads:
๐ The Hedge
Narrative: Is BTC about to follow gold as the ultimate "hard
money" hedge against instability? ๐ด The Headwind:
Is the "risk-off" liquidity drain going to drag risk assets down with
it?
Is BTC preparing to fly alongside Gold, or is the
correlation about to break? ๐
โ#Gold #Bitcoin