Bitcoin and Gold: A Pattern to Watch



Here's an interesting correlation worth monitoring: back in October when gold reached its peak, bitcoin launched a sharp +10% counter-trend rally that lasted roughly 5-6 days. Following that bounce, gold bottomed out—and then BTC tumbled 30%.

The question now is whether history might repeat itself. We're watching the OI (open interest) activity closely, especially that Sunday night spike. Will that prove to be the main catalyst for a market reaction, or is something else brewing?

Either way, the gold-bitcoin interplay remains a fascinating lens for understanding broader market dynamics. Keep an eye on how these two assets behave in the coming weeks.
BTC0,75%
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FOMOSapienvip
· 5h ago
The game of reverse operation between gold and oil... We've seen that wave in October, and now it's happening again? Feels like they're just playing us Gold peaks, Bitcoin rebounds, and then gets cut in half... If OI plays out like this again, I’ll be bankrupt Will history really repeat itself? Let the bullets fly for a while, and see what kind of storm the spike on Sunday can stir Wait a minute, if the correlation is this high, shouldn't we consider a reverse operation? Another "monitoring" routine. Why do all these analyses end up turning into guessing riddles?
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LayerZeroHerovip
· 11h ago
Is the Golden Ratio coming back with this again? The October surge was indeed fierce, and it immediately dropped by 30%. This logic is really brilliant...
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ForeverBuyingDipsvip
· 11h ago
Here we go again? I'm tired of the repeating tricks of history. I haven't even recovered from the last huge loss.
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OnchainHolmesvip
· 11h ago
Hey, the reverse operation pattern between gold and Bitcoin, it really feels like we need to keep a close eye on it. --- How likely is history to repeat itself? Will the Sunday night OI anomaly be the key point again? --- What does a 30% drop mean? These two assets do seem to have some substance. --- Let's wait and see. If the pattern repeats, it will be interesting. --- Gold topping out, BTC rebounding, then crashing together? How is this logic so magical? --- I'm also watching that spike in open interest; it feels like something's about to happen. --- The aggressive moves in October were intense; now I'm a bit cautious. --- Regarding the correlation between gold and Bitcoin, it’s indeed a good perspective to observe the market.
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LowCapGemHuntervip
· 11h ago
Gold Bitcoin is about to dance with gold again. Can this routine really be replicated? --- Wait, was the October rebound a coincidence or is there a real trick? I need to see clearly. --- Can the surge in open interest on Sunday crash the market? It feels like the market is brewing a big move. --- It's the duet of these two assets again. It's really interesting—whoever breaks first wins. --- A 30% drop is no joke. If history repeats, we need to be prepared. --- Has gold bottomed out? Whether Bitcoin follows or not is the key. --- This correlation is becoming more and more obvious. I'm starting to doubt whether it's a true linkage or just data coincidence.
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