BTC/XAU Gold dragging BTC down
but the ratio broke over key resistance and retested it and is on the way up, implying that BTC will outperform gold. We can see decoloration between BTC and gold as the ratio pushes up while BTC goes down, which is interpreted as BTC going down less than gold and when gold stabilize, BTC will take of. RSI in a rising channel suggest BTC will outperform gold more in the near future.
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