BTC Downturn🔻 , Gold Upturn 💹 ;( PAXGBTC update )📉📈
What sup Guys?! welcome to this analysis again!
At the moment when almost the all markets has been crashed whether stocks , crypto .. and at the same time
there is a relative recession all over the world and the prices of some commodities have skyrocketed
In my opinion, capital will enter the gold and cause its price to rise again in the short and medium term.
Although everyone has taken refuge in the crypto market as a safe market against terrible inflation , and
since 2020 it has been able to surpass almost all markets in terms of price growth, but now due to the
Federal Reserve policy also the correlation between crypto and SPY index and technology stock that they have been declining.
However, this decline can continue for some time until the situation changes again.
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
At the moment when almost the all markets has been crashed whether stocks , crypto .. and at the same time
there is a relative recession all over the world and the prices of some commodities have skyrocketed
In my opinion, capital will enter the gold and cause its price to rise again in the short and medium term.
Although everyone has taken refuge in the crypto market as a safe market against terrible inflation , and
since 2020 it has been able to surpass almost all markets in terms of price growth, but now due to the
Federal Reserve policy also the correlation between crypto and SPY index and technology stock that they have been declining.
However, this decline can continue for some time until the situation changes again.
-------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
GOLD previous analysis: