Altcoins: Copper-Gold Ratio Signals Momentum
Copper vs Gold chart downtrends four years, aligning with altcoin weakness as @CryptoMichNL stays all-in after $20,000 gain.
SourceAnalysis
Copper vs Gold ratio has downtrended more than four years, tracking altcoin weakness per trader @CryptoMichNL. This pattern echoes copper gold ratio historical correlation with altcoin performance and altcoin market cycles and macroeconomic signals before crises. The analyst holds all-in altcoin exposure, up $20,000 in the past month, and added fresh capital while eyeing final window for outsized gains ahead of major crisis, with BTC momentum in focus.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast