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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.
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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.