1/🧵 The Copper-Gold ratio is flashing warning signs about the economy. Historically, when copper declines against gold, it indicates investor jitters and potential economic slowdown. This trend suggests a shift towards safer assets, reflecting concerns about manufacturing and industrial activity. #threadstorm #inleo
2/🧵 Despite these signals, Bitcoin's outlook remains intriguing. Lower interest rates, possibly on the horizon, tend to stimulate risk appetite. This could initially cause market turbulence but might eventually drive investments into higher-yielding alternatives like cryptocurrencies.
3/🧵 History shows us that periods of low interest rates can be beneficial for diverse assets, including crypto. While caution is warranted amid economic uncertainties, the long-term potential for Bitcoin and other digital assets could shine amid evolving market dynamics.
https://inleo.io/@bitblaze/the-coppergold-ratio-and-what-it-means-for-bitcoin-7dk
I knew about the Gold-Silver ratio. I didn't know about the Gold-Copper ratio, although I shouldn't have been surprised. Thanks for bringing it to our attention; it's definitely a useful indicator.