Bitcoin and Gold Rally Towards New Highs as Analyst Eyes Polkadot Rotation

Bitcoin appears to be accumulating before another breakout as it trades around $69k. Gold is also rallying towards a new all-time high.

Analyst is looking to add Polkadot to his portfolio soon, as it has reached a cycle low relative to Bitcoin. He expects an impending rotation.

Synthetix lacks much momentum at the moment trading against Bitcoin. A break back above 6000 satoshis would signal increased strength.

Ethereum needs to rotate first before decentralized finance altcoins like Synthetix will return too.

Investors should do their own due diligence before making any high-risk investments in cryptocurrencies which remain volatile.