The valuation of Monero against Bitcoin has continued to move up the last few weeks after our last video discussing this potential re-accumulation range. In this video, we provide an update to where the XMR/BTC valuation is, and what we may expect given a couple of different scenarios moving forward. We take a look at the last XMR and BTC market cycle to try to identify likely times for Monero to make its move against BTC. We also discuss how most of the short-term potential in terms of the valuation of Monero against BTC increasing, is Bitcoin holding the 20 week moving average. TA Video by Benjamin Cowen.
