⚡A new week, a new quest for the sword in the boat——
Historical data shows a significant lagged correlation between gold and Bitcoin:
Whenever gold hits a new high, Bitcoin typically follows and breaks its previous high within 100-150 days.
As a traditional safe-haven asset, gold usually reacts first to inflation expectations and signals of monetary easing;
While #Bitcoin, due to its supply rigidity and decentralized characteristics, has become a latecomer under the narrative of "digital gold."
The transition from traditional assets to crypto assets takes time, keep buying, keep holding!
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