Flipping The Bit: Bitcoin's Long Road To Reaching Meaningful Support
Tim Knight | Apr 20, 2021 01:50AM ET
Judging from the ratio chart of BTC versus GLD, it would seem that Bitcoin might have a long, long, LONG way to go before it reaches meaningful support.
Bitcoin futures have had $10,000 blasted off of them in just a few days. The fact that Coinbase (NASDAQ:COIN) came public last week is just all too perfect. Here are the BTC futures, augmented by the brilliant but admittedly weird-looking young creator of Ethereum.
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