The most current weekly chart (left) continues to drive the concept that will press greater after holding above the mid $40s– the opposite from what it performed in mid-May
Relative to, Bitcoin’s pattern stay comparable to summertime 2020 (middle chart). Bitcoin need to close the month above $53K to protect its 7-month upward channel while preserving favorable momentum vs.
his would suggest significant upside vs. as long as XAU/USD holds above $1770s.
Bitcoin/Gold Weekly And Daily Charts