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Cryptotradingdev
@benoist
Trading Crypto since 2017
$BTC holder
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I only own Bitcoin, #gold is too heavy for me! $BTC
The Transition from Gold to Bitcoin: A Trend in Progress
Is Bitcoin the New Digital Gold?
Many experts now regard Bitcoin as "digital gold," a non-inflationary store of value that preserves its nominal worth over time. The increasing correlation between $BTC in and gold (XAU) is one of the key indicators showing investors' confidence in Bitcoin, especially during times of economic uncertainty.
This correlation has been steadily growing since September 2021, reaching its highest annual level at the start of October.
Bitcoin as an Alternative to the Banking Sector, Thanks to ETFs
Stock market investors, and not just them, are expected to soon shift toward Bitcoin as the banking sector shows signs of weakness. The market has already witnessed something similar: in March 2023, when the U.S. experienced a "regional banking crisis," the value of Bitcoin surged by 40%.
Additionally, major speculators and institutional funds have already begun shifting from gold to Bitcoin after the launch of spot ETFs in the United States.
The Value of Bitcoin Is Surpassing Gold
We are witnessing a transition from gold to Bitcoin, and this trend is likely to continue, especially now that access to Bitcoin has become more straightforward thanks to ETFs.
Bitcoin-Gold Ratio Favors BTC
A recent Fidelity analysis shows that the correlation between Bitcoin and gold has increased throughout 2024. According to Longtermtrends, the gold-to-BTC ratio currently stands at 13, nearing historical highs.
Bitcoin Outperforms All Other Assets
Bitcoin has outperformed other major asset classes in 7 of the last 10 calendar years. This remarkable price movement has been accompanied by significant volatility and downturns, in addition to historically high returns.
Conclusion
Bitcoin has grown too large to be ignored. As ETFs expand access and digital assets gain recognition as emerging investments, Bitcoin continues to cement its place as a dominant asset in today's financial landscape.
Many experts now regard Bitcoin as "digital gold," a non-inflationary store of value that preserves its nominal worth over time. The increasing correlation between $BTC in and gold (XAU) is one of the key indicators showing investors' confidence in Bitcoin, especially during times of economic uncertainty.
This correlation has been steadily growing since September 2021, reaching its highest annual level at the start of October.
Bitcoin as an Alternative to the Banking Sector, Thanks to ETFs
Stock market investors, and not just them, are expected to soon shift toward Bitcoin as the banking sector shows signs of weakness. The market has already witnessed something similar: in March 2023, when the U.S. experienced a "regional banking crisis," the value of Bitcoin surged by 40%.
Additionally, major speculators and institutional funds have already begun shifting from gold to Bitcoin after the launch of spot ETFs in the United States.
The Value of Bitcoin Is Surpassing Gold
We are witnessing a transition from gold to Bitcoin, and this trend is likely to continue, especially now that access to Bitcoin has become more straightforward thanks to ETFs.
Bitcoin-Gold Ratio Favors BTC
A recent Fidelity analysis shows that the correlation between Bitcoin and gold has increased throughout 2024. According to Longtermtrends, the gold-to-BTC ratio currently stands at 13, nearing historical highs.
Bitcoin Outperforms All Other Assets
Bitcoin has outperformed other major asset classes in 7 of the last 10 calendar years. This remarkable price movement has been accompanied by significant volatility and downturns, in addition to historically high returns.
Conclusion
Bitcoin has grown too large to be ignored. As ETFs expand access and digital assets gain recognition as emerging investments, Bitcoin continues to cement its place as a dominant asset in today's financial landscape.
💥 PEPE Gearing Up for a Major Breakout!
$PEPE is nearing a decisive moment as the triangle pattern on the chart approaches completion.
The question on every trader’s mind: Will the #breakout move be #bullish or #bearish ?
With momentum building and volatility on the horizon, all eyes are on #Pepe’s next move.
$PEPE is nearing a decisive moment as the triangle pattern on the chart approaches completion.
The question on every trader’s mind: Will the #breakout move be #bullish or #bearish ?
With momentum building and volatility on the horizon, all eyes are on #Pepe’s next move.
📣 Donald Trump’s Media Empire Eyes Crypto Trading Platform Acquisition!
#donaldtrump ’s social media group is shaking up the #crypto world with reports of advanced talks to acquire a leading cryptocurrency trading platform.
#donaldtrump ’s social media group is shaking up the #crypto world with reports of advanced talks to acquire a leading cryptocurrency trading platform.
📊 Ethereum Stuck in a Prolonged Accumulation Phase!
#Ethereum continues to consolidate as it navigates a prolonged accumulation phase. After encountering significant downward pressure at the $3,376 resistance level, $ETH found strong support around $3,021, as identified by the #altrady platform. This support is reinforced by higher lows forming along a well-established ascending #trendline .
The newly established $3,206 resistance level remains a key barrier, maintaining the price within a narrow and stable range. Market participants are closely watching for a breakout, with growing pressure building for a decisive move in the coming sessions.
#Ethereum continues to consolidate as it navigates a prolonged accumulation phase. After encountering significant downward pressure at the $3,376 resistance level, $ETH found strong support around $3,021, as identified by the #altrady platform. This support is reinforced by higher lows forming along a well-established ascending #trendline .
The newly established $3,206 resistance level remains a key barrier, maintaining the price within a narrow and stable range. Market participants are closely watching for a breakout, with growing pressure building for a decisive move in the coming sessions.
How would you know if your strategy works? You can apply it in the market and risk your money, but backtesting it first is a better option!
Try it risk free!
#Backtesting #altrady #tradingStrategy
Try it risk free!
#Backtesting #altrady #tradingStrategy
📣 Bitcoin ETFs Hit Record $138 Billion as $BTC Price Skyrockets – #Ethereum Joins the Surge!
The crypto market is on fire! 🔥
#Bitcoin #ETFs have shattered records, hitting an unprecedented $138 billion in inflows, fueled by Bitcoin's explosive price rally. 🚀
But that's not all – $ETH isn't far behind, riding the momentum with its own surge!
The crypto market is on fire! 🔥
#Bitcoin #ETFs have shattered records, hitting an unprecedented $138 billion in inflows, fueled by Bitcoin's explosive price rally. 🚀
But that's not all – $ETH isn't far behind, riding the momentum with its own surge!
Trading on the Binance terminal can be time consuming.
I use Altrady to trade on Binance to protect my most valuable asset: Time!
Check the video to see how you can save hours of trading per day! No need to change exchanges, simply trade Binance markets on Altrady
#TradingMadeEasy #TakeProfits
I use Altrady to trade on Binance to protect my most valuable asset: Time!
Check the video to see how you can save hours of trading per day! No need to change exchanges, simply trade Binance markets on Altrady
#TradingMadeEasy #TakeProfits
👉 Solana Hits Relative Highs and Gently Retraces to Key Support!
#Solana $SOL has perfectly timed its latest move, reaching relative highs for the period before beginning a modest retracement. The price is now edging back toward the support trendline and the moving average, seeking buying volume within the support range identified by the Altrady platform at the $228 zone.
#Trendlines #MovingAverages
#Solana $SOL has perfectly timed its latest move, reaching relative highs for the period before beginning a modest retracement. The price is now edging back toward the support trendline and the moving average, seeking buying volume within the support range identified by the Altrady platform at the $228 zone.
#Trendlines #MovingAverages
🐕 Dogecoin Update: Perfectly Following the Correction Channel!
#Dogecoin $DOGE continues to adhere flawlessly to the parallel correction channel identified in recent days. The support trendline is rapidly approaching the current price, creating a critical juncture for traders to watch closely.
A bounce from this #Trendlines could signal a potential reversal, presenting an opportunity for bullish momentum. 📈
#Dogecoin $DOGE continues to adhere flawlessly to the parallel correction channel identified in recent days. The support trendline is rapidly approaching the current price, creating a critical juncture for traders to watch closely.
A bounce from this #Trendlines could signal a potential reversal, presenting an opportunity for bullish momentum. 📈
📣 BREAKING: #Trump Considers Former Binance US CEO to Lead Key Regulatory Agencies!
In a jaw-dropping development, sources reveal that Donald Trump is eyeing the former CEO of Binance US to head multiple regulatory agencies.
This unexpected move could mark a seismic shift in how #cryptocurrency and financial regulations are shaped in the U.S.
In a jaw-dropping development, sources reveal that Donald Trump is eyeing the former CEO of Binance US to head multiple regulatory agencies.
This unexpected move could mark a seismic shift in how #cryptocurrency and financial regulations are shaped in the U.S.
🌟🚀 #Cardano $ADA is giving me amazing returns!
Just snagged the absolute lows, and my position on Altrady is nearly hitting 100% gains! 📈💰
Don't miss out on this incredible opportunity!
#CryptoTradingSuccess #InvestSmart
Just snagged the absolute lows, and my position on Altrady is nearly hitting 100% gains! 📈💰
Don't miss out on this incredible opportunity!
#CryptoTradingSuccess #InvestSmart
A Stunning Chart in Action: Cardano's Move 🌟
#Cardano $ADA is currently undergoing a brief correction along its support trendline, setting the stage for a potential new upward push.
This retracement could signal strength, providing the foundation for the next bullish leg 📈
#Cardano $ADA is currently undergoing a brief correction along its support trendline, setting the stage for a potential new upward push.
This retracement could signal strength, providing the foundation for the next bullish leg 📈
CARDANO Update: Still Holding Strong! 💎👊
Not letting go—I'm staying in the market. #Cardano $ADA to the moon! 🚀
#DiamondHands
Not letting go—I'm staying in the market. #Cardano $ADA to the moon! 🚀
#DiamondHands
OH yeah easily!
Will Bitcoin Smash $90K and Hit $100K Before Christmas?
Is the "Trump Trade" Over? 📉
#Bitcoin $BTC and #Ether $ETH ETFs record their first net outflow since the election.
Is this the start of a trend reversal or just a momentary pause?
Let’s keep an eye on the charts as the market recalibrates post-election! 🕰️
#CryptoMarketMadness #TradingSignals #MarketTrends
#Bitcoin $BTC and #Ether $ETH ETFs record their first net outflow since the election.
Is this the start of a trend reversal or just a momentary pause?
Let’s keep an eye on the charts as the market recalibrates post-election! 🕰️
#CryptoMarketMadness #TradingSignals #MarketTrends
📣 Bitcoin Skyrockets to 7th Most Valuable Asset Worldwide, Just Behind Google!
In a jaw-dropping milestone, #Bitcoin has soared to become the 7th most valuable asset in the world, now standing shoulder-to-shoulder with the biggest giants in global markets.
The digital currency powerhouse now trails directly behind #Google, positioning itself as a formidable player in the financial world.
In a jaw-dropping milestone, #Bitcoin has soared to become the 7th most valuable asset in the world, now standing shoulder-to-shoulder with the biggest giants in global markets.
The digital currency powerhouse now trails directly behind #Google, positioning itself as a formidable player in the financial world.
My $XRP position on Altrady just keeps growing day after day! 📈💰
Who else is watching their #Ripple stack rise like a perfect soufflé?
Who else is watching their #Ripple stack rise like a perfect soufflé?