Monero is in a long term downtrend vs BTC. It's become sharper as BTC reaches new ATH, it could continue.
The bounce back could be aggressive, but won't reach previous ATH.
When BTC reaches $100k, XMR could represent 2% of that value or $2k per XMR.
The bounce back could be aggressive, but won't reach previous ATH.
When BTC reaches $100k, XMR could represent 2% of that value or $2k per XMR.
Trade active
$100k BTC = $2.5k XMR
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BTC: $40k -> $100k = 125% ROI
BTC: $178 -> $2.5k = ~1500% ROI
¯\_(ツ)_/¯
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.