@mishatech
According to crypto analyst @CryptoMichNL (Michael van de Poppe), the current market picture goes beyond the relationship between #Bitcoin and #gold, pointing to a broader shift in macro momentum.
He notes that before 2017, gold moved sideways after its 2016 peak, followed by a strong Bitcoin rally. A similar cycle played out after 2020. With gold recently showing strong gains and signs of overextension, Van de Poppe suggests a potential correction phase ahead.
If gold enters a 1.5–2 year consolidation or correction, this period could open a strong upside window for #Bitcoin and the broader #crypto market.
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