CONTENT
According to Kobeissi Letter, precious metals continue to strengthen while Bitcoin remains range-bound. The BTC/Silver ratio has fallen to 1,104, down 67% since May, while the BTC/Gold ratio stands at 19, down 50% since January.
Despite this decline, both ratios remain well above the 2022 bear-market lows (680 for silver and 9 for gold), indicating that the current move primarily reflects the relative strength of precious metals alongside Bitcoin’s short-term consolidation.
WRITER’S INTRO
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