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Bitcoin price could reach $240K if BTC to gold ratio hits 58 — here’s why it matters
Bitcoin could reach $240,000 if the BTC-to-Gold ratio returns to its previous cycle high of 58. The BTC-to-Gold ratio is historically low despite Bitcoin trading close to its all-time high. Analysts ...
These hopes may get a boost as price charts show bitcoin's per piece dollar-denominated price is now at its most oversold against gold's per ounce price, according to the widely-tracked 14-day ...
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