HEADER - This is a supplement for 16A on gold prices.
SUMMARY - Bitcoin has 1 lifeline right now that if it doesn't take, it's 6 feet under.
DETAILS - This is same setting as 16C on oil (13/16) except for DAILY BARS. If bitcoin turns up here, there's 4 waves that can turn BACK TO BACK TO BACK TO BACK, on to new ATH. Meanwhile, not taking the route up means 10K or less. When? By the 4th of July. Why does this matter for gold prices? It doesn't really. I've always wanted to know once gold breaks out and head to 6000, is there enough money in the world for crypto as a whole. AT 64,000 BTC, the entire crypto complex is 2 trillion, now at 41900, so 1.35 trillion. So? Gold is 12.3 trillion at 1950. If gold moves to 4000, and a 25T market cap, is there enough money in the world to bring BTC to 785,500 to match? It's gonna be a cold day in hell, but never say never.