Bitcoin vs Silver Ratio

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Bitcoin vs Silver RatioBTCUSD/SILVERBITSTAMP:BTCUSD/TVC:SILVERNadia_farhatBitcoin vs Silver Ratio A similar structure has been formed in the BTCUSD/XAGUSD ratio on the weekly chart (as in our previous analysis of Nasdaq vs Silver monthly chart) A clear breakout could be seen, and BTC seems to have already entered a bear market priced in silver Interpretation 1. Ratio Declines: Silver benefits 2. Ratio Appreciates: Bitcoin benefits Similar 3 possibilities - if the ratio keeps on declining: 1. Either Silver will rise further, with higher strength than Bitcoin 2. Bitcoin will continue to fall 3. Both the above situations simultaneously