Analyst Explains: “The Real Critical Chart is the BTC-Gold Chart – For a Record in Bitcoin, Gold…”

Cryptocurrency analyst Joao Wedson stated that the weakness in the Bitcoin (BTC) to gold (XAU) pair could be a positive signal for the markets in the long ￰0￱ his report, Wedson argued that especially large institutions and banks have recently turned from Bitcoin to ￰1￱ his analysis last December, Wedson stated that this shift represents “a perfect selling and rotation opportunity” for institutional ￰2￱ to the analyst, gold is currently approaching a “buying peak” and is expected to enter a distribution phase at the end of this ￰3￱ this point, he predicts that more conservative capital could shift back to riskier assets, particularly Bitcoin.

“BTC/XAU charts are much more critical than BTC/USD. Most investors overlook this difference and constantly suffer losses,” said Wedson, highlighting the historical importance of gold and adding, “Gold has been a reference point for thousands of years and will continue to be.” According to Wedson, gold will likely remain sideways for at least two years after its ￰4￱ believes Bitcoin could be poised for a parabolic rally similar to 2017 during this period. However, he predicts this move will occur after 2028, not in 2025 or 2026. *This is not investment ￰5￱ Reading: Analyst Explains: “The Real Critical Chart is the BTC-Gold Chart – For a Record in Bitcoin, Gold…”