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Quinten Francois: Bitcoin records 7 consecutive red months, hitting most oversold level versus gold

Quinten Francois: Bitcoin records 7 consecutive red months, hitting most oversold level versus gold
Bitcoin most oversold versus gold

Quinten Francois, industry influencer, highlights that Bitcoin has just completed a streak of seven consecutive red months.

According to Francois, Bitcoin is now at its most oversold point relative to gold in its history.

Francois has previously surfaced shifts in digital asset allocations. T. Rowe Price recently released its crypto ETF weight index with BTC receiving a 43 percent allocation, according to Lookonchain. In a separate post, Fomo noted that Bored Ape Yacht Club NFT prices doubled in the last month. These developments track select movements in both cryptocurrency and NFT markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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