Bitcoin vs Gold
Btc vs xau could drop with the orange line to consolidate on the giant triangle around 0.168 fib before breaking out.
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This was only simple, due to being on my mobile at the time. Essentially look at the fib retracement from 0 to 1, and see the 0.618 level forming a consolidation level over a longer timeframe. This continuation of consolidation would pose a risk of further lows before supply totally drys up and the only way left is skyward. IMHO bitcoin beats gold, it has a more restrictive supply and zero mass.
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Upward breakout from consolidation achieved.注释
If you're into bitcoin and not watching gold/bitcoin you're missing the main show!注释
bounce up is due
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this is on track, after a small delay (years)
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