300-Moving Average
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X @Michaël van de Poppe
Michaël van de Poppe· 2025-12-09 10:30
I think it's a 'better' metric to be looking at is the valuation of Bitcoin vs. Gold.Given that Gold has gone parabolic, it increases the ceiling for a potential price level of #Bitcoin, without being overvalued.The current valuation of BTC/USD in Gold is at the 300-Moving Average.Is that relevant? Might be.Am I looking for confirmation bias data? Could also be the case, just being honest.Anyways, the data that I'm getting out of this chart is primarily cornered around the following:- The markets usually bo ...