Gold breaks through 5200, BTC hovers around 89000, is this wave a "double rise" or "mutual pull"? 🤔
The gold price has just blasted through 5200 USD, skyrocketing by 880 USD since the beginning of the year; BTC, however, is stuck hovering around 89000—are we now seeing "digital gold + physical gold" both acting as safe havens, or is capital flowing from gold to crypto?
Two key signals:
1. Gold: Institutions are still buying heavily (global central banks' gold purchases in January reached a record high), unlikely to drop in the short term;
2. BTC: Daily net inflow into ETFs has again exceeded 1 billion, and the number of large wallets is still increasing, just not at the explosion point yet.
Now holding the XAUUSDT contract, should we continue to hold gold? Or should we diversify into BTC and other correlated rises?
Do you think this wave is a "double rise market", or will gold rise first before BTC? Bet on a direction in the comments below 👇
$XAUUSDT $BTC #GoldBitcoinCorrelation #CryptoMarket #AssetAllocation

