Bitcoin & Gold Value Increase Following US National Debt

Will Gold and Bitcoin Increase in 2024 following the defeated dollar and impossible US National Debt?

If we zoom out - it's clear that Gold value increases following US National Debt.

Bitcoin does not have as much history as Gold but we can see a trend. After a very positive 0.786 Fibonacci sequence retrace might Bitcoin be back in the action for a run in 2024 and beyond? The 0.786 Fib level is a powerful bounce spot.