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Bitcoin Priced in Gold Macro Resistance Rejection Correction

15
BTCGOLD monthly line chart, which uses monthly close data.

Obvious long term resistance line and clear major topping pattern on the most recent maximum showing connection with the last market cycle top (both of them.)

What does it mean? It means there's useful information in the BTCGOLD chart that isn't priced in. It also means the most recent correction is a rejection at major resistance, which could indicate further downside risk.

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