Back in 2020 I posted the following chart :
where I was looking for potential targets on
BTCUSD
during its bull run.
The following lines are for specific weights of $XAUUSD.
Yellow = 1 Troy Ounce of Gold
Orange = 1 Troy Pound of Gold
Dark Orange = 1 Troy Kilo of Gold
I have added the next weight of
XAUUSD
to the chart for future reference as backtesting the weights of gold seem to give some interesting clues as to where
BTCUSD
may end up in each Bull cycle.
Pink = 1 Troy Stone of Gold
BTCUSD
during its bull run. The following lines are for specific weights of $XAUUSD.
Yellow = 1 Troy Ounce of Gold
Orange = 1 Troy Pound of Gold
Dark Orange = 1 Troy Kilo of Gold
I have added the next weight of
XAUUSD
to the chart for future reference as backtesting the weights of gold seem to give some interesting clues as to where
BTCUSD
may end up in each Bull cycle. Pink = 1 Troy Stone of Gold