Chartered Market Technician (CMT) Tony “The Bull” Severino argues that Bitcoin’s most dependable macro tell—the copper-to-gold ratio—has broken character at the very moment the market typically enters a parabolic phase, leaving the post-halving script in disarray and altcoins without their usual rotation.
Why The Copper/Gold Ratio Is Crucial For Bitcoin
In a 16-minute video analysis published on November 10, Severino frames the copper/gold ratio as a “growth versus fear index,” where copper strength signals expansion, rising yields and appetite for risk, while gold outperformance maps to recession risk, falling yields and risk-off behavior.
“When gold is performing better than copper, it typically means economic slowdown [and] general recession fears,” he said, adding that copper’s industrial demand anchors the ratio to the business cycle. The punchline: the ratio’s cyclical turn that historically coincides with Bitcoin’s vertical phase simply neve
We współpracy z: https://www.newsbtc.com/bitcoin-news/most-reliable-bitcoin-boom-indicator-off-script/
