Crypto Chartbook - Bitcoins' Image Boost

Bitcoins’ last step to gain momentum is widespread adoption. News, like the 10% increase in GDP since El Salvador’s declaration of bitcoin being accepted legal tender, is impressive.Yet, it is still met with doubt due to either political or economic situations of countries that have adopted bitcoin so far.Currently, Bitcoin is hovering right above a low-risk entry zone again, and we are hawkishly looking out for low-risk entries.Against gold bitcoin, seems cheap since you currently have to pay around 20 ounces of gold for one bitcoin, while in the last quarter of 2021, the same bitcoin cost you instead 37 ounces of gold.