Bitcoin has indeed been rallying sharply in the past 24 hours whereas Gold rally seems to over. The smart money is rotating into risk-on assets from safe-heaven. Next 48 hrs will decide the fate of crypto bull run! $BTC $ETH
After the October mini-crash that wiped out over $19 billion in value, Bitcoin recovered fastest, Ethereum stabilized but Solana lagged in recovery.
Solana’s major support level lies at $170. The current 50-day SMA is $213, showing the asset remains below key resistance.
At the start of last week, MMTC-Pamp India, India’s largest precious metals refinery, ran out of #silver stock for the first time in its history.
Now Silver supply shortage is being felt not just in India, but around the world. Silver is seeing market breakdown not seen in decades!
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Gold vs. Silver vs. S&P500 return in last 10 years:
- Gold: 13.6%
- Silver: 12.8%
- S&P500: 13.5% (without dividends)
Metals are giving tough competition to stocks.
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