Gold-to-bitcoin ratio: Cup and Handle forming?

19 May 2021

In this gold / BTC chart you can see a bottoming formation and even the beginning of a cup and handle. It's too soon to tell because we only have the cup so far, but it wouldn't take much beyond expected market activity to form a nice little handle on there. There is already a handle on the other side, so perhaps a better name for this formation would be a grail... or... THE HOLY GRAIL (because it's made of gold). Funny freudian type i just made (and corrected), the "HODLY" grail. Anyway, best of luck to you all.

BTW if you want to move smoothly between btc (or eth or usdt) and physical gold, silver, and a few different fiats (usd, eur, gbp) all on the same reputable platform, then check out this reddit post: reddit.com/r/Wallstreetsilver/comments/nepgyg/how_to_trade_crypto_for_silver_easiest_and/