Gold is the ultimate risk-off asset, and you could argue that altcoins are the ultimate risk-on asset. Believe it or not, but this is something that can be seen in the charts. Historically speaking, a breakdown in gold after a big rally has corresponded to an altcoin season, where as a bottom in gold has corresponded to the top of an altcoin season. Today Dan explains this fascinating indicator, and what it says about when altcoin season could start and when altcoins could top. Enjoy!

🥇Toobit 100K USDT Bonus and 50% Lifetime Fee Discount 👉 go.coinbureau.com/dantoobit
🥈 Axiom 10% Cashback For Life + 2x Point Multipliers! 👉 go.coinbureau.com/danaxiom
🥉 OKX $60k bonus + 40% fee discount for life 👉go.coinbureau.com/danokx
🛒 Get The Hottest Crypto Deals 👉 www.coinbureau.com/deals/
♣️ Join The Coin Bureau Club 👉 go.coinbureau.com/hub-cbtrading
📲 Follow Coin Bureau Trading 👉 x.com/CoinBureauTr

~~~~~

TIMESTAMPS
0:00 Gold And Altcoins Inverse Correlation
3:25 Gold Price Breakdowns
5:45 What's Different This Time?
6:22 Altcoin Season Breakouts
6:55 Gold Price Bottoms
8:04 This Time Could Be Different
9:00 Altcoin Season Tops
9:35 What To Watch

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.


#trading #crypto