brent on Nostr: GOLD may be entering a consolidation phase after an epic run-up. For the past two ...
GOLD may be entering a consolidation phase after an epic run-up. For the past two years, it has been inversely correlated to BTC. When gold consolidates, bitcoin rips, and vice versa. BTC needs a breakout above $94k to get back into short squeeze territory, and resume its monthly uptrend. If that happens soon, the inverse correlation to gold is maintained.
#bitcoin #btc #gold
Published at
2026-01-03 06:49:40 UTCEvent JSON
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"content": "GOLD may be entering a consolidation phase after an epic run-up. For the past two years, it has been inversely correlated to BTC. When gold consolidates, bitcoin rips, and vice versa. BTC needs a breakout above $94k to get back into short squeeze territory, and resume its monthly uptrend. If that happens soon, the inverse correlation to gold is maintained.\n\n#bitcoin #btc #gold\nhttps://blossom.primal.net/bf1d48190c868c65326a00ef1ed6759b1640175bad6b089c2ec57c66448fc615.jpg",
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