These charts are DAILY chart
Top Left BTCUSDT Index - Top right DXY US $ Index
Bottome Left BTCXAUt Bitcoin GOLD - Bottom right GOLD USD
Easy to see how the USD is currently running FLAT after Months of devaluation (top left)
So while BTCUSD has risen, More $ per Bitcoin, the REAL Value of each $ is less than it was in 2023, when this bull run began taking shape.
If we look at the BTCXAUt chart, we can see how in the same time period, BTC has Lost to Gold since June but has begun to regain,
Infact, if we look at the BTCXAUt Weekly chatrt, you can see how BTC has walked all over GOLD.
More than that, just look at that pennant.
But Why is GOLD better pair than $?
Look at the Weekly GOLD chart
This is the same scale as the chart above.
GOTH HAVE RISEN IN VALUE SUBSTANTIALLY>
This is a WIN WIN situation
The DXY ni the same period
Ranging with Deeper Drops each time.
Trading is 90% more profitable with BTC GOLD pair
Even if you do not trade and you want to take profit, Sell your Bitcoin to GOLD and your profit continues to Rise !!
If you Trade the swings higer andlower on each asset, there is a risk but the Gains are REAL
Just saying, NOT Advice
Have a Nice weekend
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.