$Bitcoin(BTC.USD.CC)$ breaking out/decoupling. Tech futures $E-mini Nasdaq 100 - main 2506(NQmain)$ down, $USD Index(USDindex.FOREX)$ down, $Gold - main 2506(GCmain)$ new ATH.Bitcoin surpassed $87,000, confirming a bullish breakout after recent sideways trading between $83,000 and $86,000, signaling further gains ahead. Gaming, AI, and memecoin sectors outperformed other sectors“A weaker dollar could rekindle the attention of U.S. investors, highlighting Bitcoin’s potential as a hedge against a depreciating dollar,” said crypto financial services platform Matrixport.Potentially Rallying to $90K-$9
Gold $3500! Too Hot to Handle: PT Upgrades Falling Behind?
Gold has continued to set record highs and breaks $3500. It's rising faster than the price target upgrades. Is it too high now? Goldman Sachs’ commodities research team raised their year-end gold price forecast to $3,700, noting upside tail risks that could push prices as high as $4,500. UBS responded to Goldman’s outlook by also revising its gold forecast upward to $3,500. If a recession trade emerges, is gold the best choice?
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