After the copper gold ratio hit bottom in 12 years, BTC showed a parabolic rise After the copper gold ratio hit bottom in 2016, BTC showed a parabolic rise After the copper gold ratio bottomed out in 20 years, BTC showed a parabolic rise The current copper gold ratio is still bottoming out The upper indicator in the graph represents the price of Bitcoin, while the lower indicator represents the ratio of copper price to gold price Note: The copper gold price ratio (copper price divided by gold price) usually reflects the strength of economic activity Copper prices are related to industrial demand and economic growth, while gold prices are linked to safe haven demand and economic uncertainty A high copper to gold ratio usually corresponds to an economic expansion period, while a low ratio corresponds to an economic contraction or an increase in risk aversion When the copper gold ratio hits bottom and rebounds in a major cycle, it indicates that the market's confidence in economic growth has increased, and risky assets such as Bitcoin may be sought after