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Home Price Analysis Crazy Price Action Happening In Bitcoin Compared To Gold!

Crazy Price Action Happening In Bitcoin Compared To Gold!

Currently gold is priced at $1950 per ounce and bitcoin is priced at $11,700 per BTC. That gives us 1 BTC = 6 ounces of gold.

When the price of gold and bitcoin is compared in this nature, this is the first time after 2012-2013, BTCUSD is above BTCXAU. All credits for this chart analysis goes to planB.

And do we need to remind you what had happened in 2012-2013? Just check the chart here; we might be witnessing the biggest and craziest bull run of bitcoin soon.

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Moazaad
Moazaad is an initial CDT member of RECAP blockchain network. He works anonymously and focused on development CoinDesk Nepal.
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