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David P. Ellis Profile picture
David P. Ellis
@DavidPBitcoin
Husband & father. Optimist. #BTC maximalist in spirit; profit maximalist in practice. Non-giver of financial advice.
Dec 5, 2023 • 8 tweets • 3 min read
1 (of 8)/ I could write an entire article on the significance of this composite graph, but let me point out just a few inferences:

As I’ve stated elsewhere, a majority of investors (> 51%, NOT 100%) now view #BTC as risk off. Look no further than #BTC vs. the Nasdaq. Image 2/ Second, look at gold’s PA during US trading hours after opening Asian trading hours at an all-time high. While both gold and #BTC are viewed as safe-haven assets by their investor bases, gold is rapidly demonetizing just like all other previous stores of value. Image