Bitcoin value rally in danger as gold and US greenback present indicators of restoration

Bitcoin price rally at risk as gold and US dollar show signs of recovery

Dan Tapiero, co-founder of 10T Holdings, said weak hands were shaken in the gold market. This increases the likelihood of a gold rally in the near future, especially due to an 80 day withdrawal period.

has seen strong momentum over the past three months reached an all-time high on Coinbase and a number of other major exchanges.

Biggest three-week outflows of gold. Source: Dan Tapiero, BofA

Read on on Coin Telegraph

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