Topic 178336
Merits
⭐ Merited by JayJuanGee (1) ,vapourminer (1)
Down she goes again, bart is playing tricks on us.

The trick was the up move. If fiat currency wasn’t crumbling right now, the situation would look a lot worse. Just don’t look at the price of Bitcoin measured in precious metals…
Precious metals have been extremely under performing for a long time and are complete junk compared to Bitcoin, unless you cherry pick a specific time frame in which this is not true. This does not mean that Bitcoin is underperforming, it means that metals are recovering slightly less their under performance. Here you can see it.

https://www.tradingview.com/symbols/BTCXAU/?timeframe=ALL