Bitcoin-to-gold ratio risks 35% decline following Wall Street's $13T wipeout

Cointelegraph.com NewsBitcoin’s (BTC) value relative to gold (XAU) may be poised for a steep 35% drop as it mirrors historical bear market signals and reacts to massive turbulence that has wiped out $13 trillion from the US stock market.Bitcoin’s breaks below key gold supportAs of April 22, the BTC/XAU ratio had closed below its 50-period exponential moving average (50-period EMA; the… 

​Bitcoin’s (BTC) value relative to gold (XAU) may be poised for a steep 35% drop as it mirrors historical bear market signals and reacts to massive turbulence that has wiped out $13 trillion from the US stock market.Bitcoin’s breaks below key gold supportAs of April 22, the BTC/XAU ratio had closed below its 50-period exponential moving average (50-period EMA; the…