BTC-GOLD PAIR:
This is a very interesting chart to understand Bitcoin’s relationship with gold.
Bitcoin often moves in correlation with gold. However, once the market forms a top in gold, we typically see significant capital flowing into Bitcoin, triggering a parabolic rally.
If gold tops out around $3,500, we could see a major shift of capital from gold to Bitcoin, potentially leading to a "banana-shaped" rally in BTC.
Bitcoin’s market cap is around $2 trillion, while gold’s is close to $20 trillion. Even a small capital rotation from gold into Bitcoin could drive BTC prices significantly hig