Bitcoin vs Gold: Why This Move Was Expected

In this video, I take a closer look at the Bitcoin vs Gold (BTC/XAU) chart and explain why the current move to the downside is not random, but part of a larger structural pattern. Using Elliott Wave analysis, we can identify the current phase as part of a broader corrective structure that has been unfolding since the 2021 high. What we are seeing right now is a continuation of that pattern, specifically a developing C-wave to the downside. I walk you through the higher time frame structure, explain why the recent rejection at resistance was expected, and outline the key levels that matter going forward. The goal is not to predict every move, but to understand the structure and what kind of market environment we are dealing with. If you want more detailed updates, including microstructure analysis and additional setups, check out the membership below. ----------------------------------------------------------------------------------------- 🧿 MCO Global: 💻 https://www.mcoglobal.com/ ✉️ Join the FREE Newsletter: 👉 https://mcoglobal.com/newsletter/ 🧿 Join the More Crypto Online Community: 👉 https://www.mcoglobal.com/memberships OR 👉 https://www.youtube.com/channel/UCngIhBkikUe6e7tZTjpKK7Q/join OR 👉 https://www.patreon.com/morecryptoonline 🧿 Join the MCO Stocks & S&P500 Community: 👉 https://www.patreon.com/moretradingonline ----------------------------------------------------------------------------------------- 🧿 Social Media: 👉 X / Twitter: https://x.com/Morecryptoonl 👉 Instagram: https://www.instagram.com/morecryptoonline_official/ 🔗 All Links: https://linktr.ee/morecryptoonline ✉️ Contact: [email protected] ----------------------------------------------------------------------------------------- 🧿 Exchanges & Brokers (Affiliate Links): 👉 Trade on Bybit: https://partner.bybit.com/b/MCO 👉 Trade on Bitget: https://partner.bitget.com/bg/MoreCryptoOnline 👉 Trade with XTB – a global, regulated broker offering 7,100+ stocks and 1,400 ETFs 🔗 https://geolink.xtb.com/XjNyk (Please note: XTB services are not available to U.S. clients.) ----------------------------------------------------------------------------------------- 🧿 Research & Tools (Affiliate Links): 👉 Tradingview - Chart software Get a $15 discount on your first subscription: https://www.tradingview.com/?aff_id=108760 👉 Bitcoin Magazine Pro – On-chain data & research Get 20% off with code: 20MCO https://www.bitcoinmagazinepro.com 👉 CoinTracking – Portfolio & tax tracking Get 10% lifetime discount with this link: https://cointracking.info/?ref=B776587 👉 Protect your cryptocurrencies with Trezor: https://bit.ly/morecryptoonline 👉 Protect your cryptocurrencies with Ledger: https://shop.ledger.com/?r=0fb3c8be2e46 👉 Stay safe with NordVPN: https://go.nordvpn.net/SH4s0 ----------------------------------------------------------------------------------------- ⚠️ Disclaimer The content provided on this channel is for informational and educational purposes only. It does not constitute financial advice, an offer or solicitation to buy or sell any financial instruments, or a financial service under applicable laws. All analyses and opinions expressed are strictly personal views. You are solely responsible for your own investment decisions and act at your own risk. Always consider your individual risk profile and, if necessary, consult with an independent financial advisor. Some of the links provided in this description may be affiliate links. If you choose to use them, MCO Global may receive a commission – at no additional cost to you. Thank you for supporting the channel. ⚠️ Important: Affiliate links related to cryptocurrency exchanges are not available to residents of the United Kingdom, the United States, or any other restricted jurisdictions. Please check the laws and regulations that apply in your country before using such services. Other affiliate links (e.g. VPN, hardware wallets, software tools) are unaffected.