christopherbrecher

The Negative Correlation Between Bitcoin and Gold.

BTCE:BTCUSD   Bitcoin / Dollar
371 3 4
I have warning for a year, that investors are perceiving that Bitcoin is another "safe haven" to park cash. I'm not saying Bitcoin is safe, but the negative correlation is hard to ignore. I originally posted this on http://www.simplerstocks.com.
the same u can say of the dollar..if dollar goes down ...btc goes up..
so as long the dollar goes up...dollar goes down...
+1 Reply
Fanatik_ Bitcoin15
"so as long the dollar goes up...dollar goes down..." thnx
Reply
Bitcoin15 Fanatik_
srry...Gold goes down..
Reply
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