Did we backtest BTC at 1 lb of Gold and now off to the races?
Updated
Pricing #BTC in Gold ounces shows a peak at 1 oz, then again near 1 lb, then again just before 2 lbs and backtest to 1 lb where we found support. If we break 2 lbs again any bets BTC next peaks somewhere around 3 lbs or 4 lbs? These could be strong psychological levels for those not pricing in USD fiat.
Comment
Actually, we peaked near 3lbs. It was so small on logarithmic scale I missed it. Next stop 5lbs?
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