AschraM

BITCOIN VS GOLD

Education
BITSTAMP:BTCUSD   Bitcoin
I am seeing divergence in GOLD and BTC. BTC seller pressure and GOLD buying...people are "unsure" in the economy as to what is happening, they don't even want to think about elections, brexit stuff is still happening, JPY yen is getting stronger and BTC has corrected almost 50% this year..Asia holds most of BTC so as it climbs so does Yen alongside trade wars with the US. Lots of movement happening. Trump fuds dollar "too strong" as though it weakens and we keep pushing upward to try to make a new high before the value actually falls here later on....Play it safe everyone ^_^

Yellow Line is Gold...I like seeing when both gold and btc line up and move together...I will expect GOLD to fall and BTC to rise after 2021 opposite of each other for awhile. I want to see both move in the same direction again here in a few months probably closer to Christmas time.

Gold chart is high..dont buy high lol...just know it has been rising as BTC has been correcting. That is all this idea is for observing. Thanks everyone!

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