US EditionAnalyst Michaël Van De Poppe Says Gold Looks Overvalued Against Bitcoin – Here’s Why
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Analyst Michaël Van De Poppe Says Gold Looks Overvalued Against Bitcoin – Here’s Why
A widely followed crypto analyst and trader says that gold is currently overvalued against digital gold, Bitcoin (BTC). Crypto analyst Michaël Van De Poppe tells his 816,200 X followers that the Relative Strength Index (RSI), a momentum indicator that shows whether a crypto asset is overbought or oversold by measuring the speed and magnitude of […]
BTC/Gold Ratio Near Extreme Lows: Could a Recovery Be Coming?
Bitcoin vs. gold drops to multi-year lows, an oversold condition that may precede a rebound. Macro events, including U.S. data and Bank of Japan rate hikes, are driving short-term crypto volatility. Bitcoin trades near $86K with support around $83.8K and $80.5K. Bitcoin’s value compared to gold has dropped to a multi-year low, a move that in the past has marked major market bottoms. This is happening amid tighter monetary policy and cautious inv…
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