BTC/XAU Chart Breaks Down as Gold Hits Record, Despite Billionaire Salinas’ $1.5M BTC Call
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- Gold set a fresh record as Bitcoin eased near $105K in mixed risk flows
- Ricardo Salinas projected a $1.516M BTC as capital rotation narrative builds
- BTC to gold ratio watched for a reclaim after a key trendline breakdown
Mexican billionaire Ricardo Salinas Pliego bets Bitcoin (BTC) must rally 14 times, or to $1.516 million, just to match gold’s new $30 trillion market cap. The bold Ricardo Salinas Bitcoin $1.5M bet lands as BTC price today trades near $105,522, sliding 5% in the last 24 hours.
This contrasts sharply with gold (XAU), which just hit a new all-time high of $4,380. The 14x gap highlights the long-term bet on capital rotation, even as short-term charts favor the metal.
Why the $1.5M Bitcoin Bet Matters Today
Salinas Pliego, who reportedly holds 70% of his investment portfolio in Bitcoin exposure, frames the $1.516 million target as the minimum …
Read The Full Article BTC/XAU Chart Breaks Down as Gold Hits Record, Despite Billionaire Salinas’ $1.5M BTC Call On Coin Edition.
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BTC/XAU Chart Breaks Down as Gold Hits Record, Despite Billionaire Salinas’ $1.5M BTC Call
Share:
- Gold set a fresh record as Bitcoin eased near $105K in mixed risk flows
- Ricardo Salinas projected a $1.516M BTC as capital rotation narrative builds
- BTC to gold ratio watched for a reclaim after a key trendline breakdown
Mexican billionaire Ricardo Salinas Pliego bets Bitcoin (BTC) must rally 14 times, or to $1.516 million, just to match gold’s new $30 trillion market cap. The bold Ricardo Salinas Bitcoin $1.5M bet lands as BTC price today trades near $105,522, sliding 5% in the last 24 hours.
This contrasts sharply with gold (XAU), which just hit a new all-time high of $4,380. The 14x gap highlights the long-term bet on capital rotation, even as short-term charts favor the metal.
Why the $1.5M Bitcoin Bet Matters Today
Salinas Pliego, who reportedly holds 70% of his investment portfolio in Bitcoin exposure, frames the $1.516 million target as the minimum …
Read The Full Article BTC/XAU Chart Breaks Down as Gold Hits Record, Despite Billionaire Salinas’ $1.5M BTC Call On Coin Edition.
In This News
Coins
Share:
In This News
Coins
Share:
Read More
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb