Bitcoin (BTC) has reached a significant juncture against gold, as it tests a crucial support level. The cryptocurrency's value has dropped to 20 ounces of gold, a level not seen since early 2024. This development marks a critical point between bullish and bearish market conditions, as noted by analysts.


Crypto trader and analyst Michaël van de Poppe recently shared insights suggesting potential upward movement for Bitcoin. Despite Bitcoin's struggles in gold terms, with the precious metal maintaining near-record highs amid a fourth-quarter crypto market correction, Van de Poppe sees opportunity. He highlighted that historically, when Bitcoin and gold hit their lows simultaneously, it signaled a market shift. Van de Poppe believes gold is currently overvalued, while Bitcoin is undervalued, indicating a potential bullish divergence at this
BTC0.46%
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EagleEyevip
· 3h ago
Thanks for sharing this information
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Discoveryvip
· 12h ago
Buy To Earn 💎
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Discoveryvip
· 12h ago
Watching Closely 🔍
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CryptoSelfvip
· 13h ago
1000x Vibes 🤑
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CryptoSelfvip
· 13h ago
Ape In 🚀
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Asiftahsinvip
· 14h ago
thank you so much for the information
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GateUser-875483eavip
· 14h ago
Ape In 🚀
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ProfitQueenvip
· 14h ago
1000x Vibes 🤑
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