Dorado_Crypto

Asset which will safe your deposit when everything is on fire💼

Long
If you still think that Bitcoin is the most protective asset, then you are very much mistaken.
Yes, Bitcoin can help protect your funds from theft, seizure and other procedures that states may arrange.
But this asset is still too volatile and this volatility - is price to pay for complete safety of your funds.

In face of major macroeconomic problems in world, we are seeing how Bitcoin begins show weakness and how high-risk an asset it reacts very violently to outgoing negative macro data.
Also, once again we want to remind you of the high correlation of Bitcoin with the main index of planet SPX . This index is now growing due to a small number of companies that are already very overbought by all indicators.
Therefore, a strong fall in crypto market and stocks is only a matter of time.
And in general, all assets will fall.

🔎 But there is one asset that will grow up!
And in current economic conditions, each more or less large deposit should have it at least 20% of deposit.
This asset is GOLD , which, in principle, we have already written about many times before.
We remind you that you can buy tokenized gold, ticker PAXGUSDT .

In the past 2022, gold was bought at a record pace by global central banks. Since it is the most liquid asset on the planet with a capitalization of more than 13 trillion dollars!
Of course, the largest buyers of this asset are clearly doing it for a reason.

📊 According to fundamentals, gold is ready for a new growth cycle 📈

Gold has almost 100% correlation with the dynamics of 10-year US bonds and dollar index (DXY).
The Fed has already reached the limit in raising rates.
This means that the yield on 10-year bonds will no longer grow (for gold, this opens the way above the historical maximum).
Of course, we will still see a local drop in gold, but the result is obvious. Gold will break through the three-year resistance level of $2074 and go to renew its highs.

🔽 Technically, gold continues to move within the medium-term upward channel and is already approaching the key resistance zone.
The indicators are already overbought and a bearish diver has formed. Therefore, when all markets fly down, it is worth starting to look for an entry point into PAXG tokenized gold, for those who dont yet have it in their portfolio.
Judging by the chart, minimum pullback target may be in region of $1800-1850 (-10%).
But this pullback is so small compared to the volatility in crypto market that it might make sense to take gold at current prices.

Write in the comments on what other assets you want to get an analysis!
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👀 Торговые идеи это хорошо, но гораздо важнее торговая стратегия, которая приумножит твой капитал.
О том как ее создать я рассказываю на своем Телеграм канале: t.me/+SDGQbauVgnJhYmFi

📊 Торгую на бирже BingX:
bingx.com/invite/XLQBBK
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