Can Gold And Silver Prices Predict Bitcoin’s Next Move?

bitcoin gold, bitcoin all-time high. Photo by BeInCrypto Although some Bitcoin bulls refer to BTC as digital gold, physical precious metals may be a good way to predict Bitcoin’s future price movements.  One Bitcoin trader brought up the BTC/Gold Mayer Multiple when explaining their bullishness toward crypto. The Mayer Multiple’s History The multiple compares the Bitcoin to gold ratio against its 200-day moving average, and advocates of this indicator believe Bitcoin is undervalued if it has a Mayer Mul ...