BTCUSD heading for a price of 20 ounces of Gold (Currently $53k)
I checked GOLD/SPY a while ago and it looked like gold wanted to outperform the S&P500 for 2024. This strength in gold at a time when bitcoin is already valued at over $1 trillion makes BTCUSD/GOLD an interesting trading pair to watch. I prefer bitcoin long term over gold and am keen to buy more bitcoin at a discount. I wish bitcoin would crash so I could pick up the 2x Long BTC ETF (
BITU) or 2x Long MSTR ETF (
MSTU). Without a crash below 53k I won't be buying those and instead I'll be conservative and only buy pure bitcoin.
BITU) or 2x Long MSTR ETF (MSTU). Without a crash below 53k I won't be buying those and instead I'll be conservative and only buy pure bitcoin.
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