Gold prices continue to rise above $ 1,900. Florian Grummes, General Manager of Midas Touch Consulting, argues that in the next few weeks, Gold will perform better than Bitcoin.
Florian Grummes: Gold prices are ready to rise to $ 1,950 in the next few weeks!
Florian Grummes, General Manager of Midas Touch Consulting, interpreted the markets and estimated significant gold prices. Florian Grummes said Gold broke the critical resistance level of $ 1,900 per ounce and is ready to rise to $ 1,950. On the other hand, according to Florian Grummes, Bitcoin is currently reflecting the excessive sale position, but it will still have some volatility in the next few weeks.
Towards the end of the year, Florian Grummes said Bitcoin is expected to perform better than Gold once again, and both assets would break the highest levels of all time. Kriptokoin.comAs we have reported before, the price of gold is now traded for $ 1,908. Florian Grummes adds the following to the subject:
I think you will see Bitcoin growing again towards the end of the year. I don’t think this bull run is over. I think we are currently under some kind of consolidation of Bitcoin, it may take a few weeks, even two, three months, but then I think Bitcoin will see a star rise again in the third and especially in the fourth quarter. And again, I believe that we will see the highest levels of all time in Gold and BTC.
