Copper–gold “2020 signal” is really about global liquidity, not just Bitcoin
The much-hyped copper-to-gold breakout says more about how capital is shifting between defense and growth than it does about bitcoin’s destiny on its own. Summary Copper’s move against gold flags a rotation from capital preservation to productive risk-taking 2026’s easing cycle is far smaller than 2020’s shock-and-awe reflation, implying a more measured market reaction Persistently
