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- 🔵 #Altcoin Season Index Hits 24#
CoinMarketCap data shows the altcoin season index has climbed to 24, up 2 points from yesterday. Among the top 100 projects by market cap, about 24 have outperformed BTC over the past 90 days. Do you think the altcoin season is true here? Which sectors do you expect to lead the charge? Share your predictions!
🔵 #Saylor Hints at More BTC Buying#
Michael Saylor, founder of Strategy, recently released new Bitcoin Tracker updates. Historically, Strategy tends to disclose BTC accumulation the day after such announcements.
What’s your take—will they increase thei - 🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts! - 🍕 Bitcoin Pizza Day is Almost Here!
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Bitcoin May Follow Gold's Rise: Historical Patterns Offer Hope! - Coin Bulletin
The historical patterns showing that Bitcoin's (BTC) gold has recently followed the rise with a few months delay indicate that the cryptocurrency may gain value in the near future.
Gold prices are trading at $3,290 per ounce today, down 2.5%. The precious metal had risen 35% over a four-month period, reaching as high as $3,500, signaling that the markets may be leaving a period of uncertainty behind. Now, Charles Edwards, the founder of the Bitcoin-focused hedge fund Capriole Investments, notes that the stabilization of gold after a major rally could be a positive sign for Bitcoin.
Edwards showed in a graph he shared on the social media platform X on Wednesday that BTC has historically followed the gains of gold with a few months delay. This analysis paints a promising picture for crypto investors.
Bitcoin is gaining strength as "Digital Gold"
Edwards stated in his post on X, "Bitcoin is showing significant strength. We have decoupled from risky assets, and the market is starting to price in the reality that Bitcoin is digital gold." The analyst also commented, "If risky assets drop further from here, BTC is the ultimate QE ( monetary expansion ) protection."
The relationship between Bitcoin and gold has long been debated due to both assets being seen as safe havens during periods of economic uncertainty. Edwards' analysis suggests that Bitcoin could enter a new rise wave by following the path taken by gold.
If this historical model occurs, we may see a significant rise in Bitcoin prices in the coming months. However, experts remind us that the cryptocurrency market has its own unique dynamics and may not always follow past models exactly.