GtradersFX

Bitcoins correlation to Gold vs Stocks

Long
COINBASE:BTCUSD   Bitcoin
Chart shows Bitcoins correlation to Gold vs S&P500. On the monthly chart, its increasing value of being an inflationary asset close to the Gold standard. In a few Months we will see increase of Bitcoins intrinsic value and Market Price. Its Stock Flow value increase in between Silver and Golds Market Capitalization. In this time of crisis and need, the importance of commerce and electronic payments is increasing. Money printing without and equivalent value will continue to deflate our current paper money and increase inflation. This realization will continue in the next few years until most people understand the real value of Bitcoin.
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