On October 20th gold broke its historic price record and set a new ATH at 60.162 Euro per kilo after a +24 hour upwards rally. The recent global unrest is mentioned as a main reason for this.

If you're wondering ''what unrest'' you might want to ask yourself how come you are unaware of such a major shift which may or may not involve your own country.

Anyways, what was rather notable to us crypto people is that Bitcoin was on par with gold on this jump.

Even though it's nowhere near its own ATH of course, but that's not the point. The point is certain people's behavior. You see, people tend to trust gold in times like this, but then, you also have people who are counting on people to count on gold in times like this. This recent price hike may not even be ''the people'' aka retail influence, it could very well be those who get an early start and are always a few steps ahead of the masses. Chances are these few people know something we don't IDK, all I know is they didn't get to where they are by being unaware or ignorant.

So if this coincident BTC-gold rally is no coincidence, then what this means is that these people are involved in Bitcoin as well. They're here!👽

No seriously though, I know that those who for lack of a better term are called ''the elite'' or ''the 1%'' or whatever have been dabbling in Bitcoin before, but this seems different. This seems like they are giving up on their Bitcoin hate and jumped aboard. As if they acknowledged they could not beat us so now joined us.

Now that's not to say that having them aboard is all good news. When not a true Bitcoiner all you see is profits and with huge holdings that can pose risks for the overall market. Luckily Bitcoin and the crypto markets are fundamentally different than how fiat is set up so they can't pull a 'black Wednesday bank of England' heist, but I'm sure they will try to disadvantage it and the hodlers some other way.

If you've got about 25 minutes you should give this a watch to better understand their psycho-psyche.