Another year, another arc! Bitcoin vs Gold
Updated
In 2021 and 2022 37 useful ounces of gold bought 1 Bitcoin, currently 26 ounces will get one that same useless bitcoin. I drew an arc by joining the dots. It was fun and i hope you enjoy.
Note
Gold market cap is up about 28% since Nov 2021 (from about 12.5 trillion to 16 trillion)Crypto market cap is down about 28% since Nov 2021 (from about 3.01 trillion to 2.17 trillion)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.