Lawrence Lepard Says BTC Could Repeat 2020 Rally After Gold’s 67% Gain - CryptoRank
Lawrence Lepard Says BTC Could Repeat 2020 Rally After Gold’s 67% Gain - CryptoRank
Source: CryptoRank
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DW NOTE
Lepard is betting Bitcoin follows gold's pattern from a cycle ago. The problem: gold crashed 23% from its January high while Bitcoin sits at $61,930, down 27% from its own January peak. The correlation he's citing worked when both were rising together. Now they're falling together. That's not a precedent — that's confirmation they both tracked the same liquidity regime on the way down.