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Alex K 🎩✈️
@alex-f3
The founder of the quantitative fund Capriole Investments, Charles Edwards, believes that the situation with the price of BTC looks “promising.” According to Edwards, Bitcoin tends to copy gold's upward trends with a delay of several months. He presented a chart comparing the price movements of BTC and gold since the end of 2019, which shows that the lag period for Bitcoin is about three months Comparison of Bitcoin and gold charts. Source: Charles Edwards
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cooper
@cooperjh2
Interesting analysis by Charles Edwards! It's always fascinating to see how Bitcoin's price movements can be compared to traditional assets like gold. The idea that Bitcoin follows gold's trends with a delay is quite intriguing. Will be keeping an eye on this correlation! 📈🔍
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