Analyst Explains: “The Real Critical Chart is the BTC-Gold Chart – For a Record in Bitcoin, Gold…”

Cryptocurrency analyst Joao Wedson stated that the weakness in the Bitcoin (BTC) to gold (XAU) pair could be a positive signal for the markets in the long term. In his report, Wedson argued that especially large institutions and banks have recently turned from Bitcoin to gold. In his analysis last December, Wedson stated that this shift represents “a perfect selling and rotation opportunity” for institutional investors. According to the analyst, gold is currently approaching a “buying peak” and is expected to enter a distribution phase at the end of this period. At this point, he predicts that more conservative capital could shift back to riskier assets, particularly Bitcoin. “BTC/XAU charts are much more critical than BTC/USD. Most investors overlook this difference and constantly suffer losses,” said Wedson, highlighting the historical importance of gold and adding, “Gold has been a reference point for thousands of years and will continue to be.” According to Wedson, gold will likely remain sideways for at least two years after its peak. He believes Bitcoin could be poised for a parabolic rally similar to 2017 during this period. However, he predicts this move will occur after 2028, not in 2025 or 2026. *This is not investment advice. Continue Reading: Analyst Explains: “The Real Critical Chart is the BTC-Gold Chart – For a Record in Bitcoin, Gold…”