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brian7683
Oct 16, 2022 3:50 PM

BTC vs Gold - Bounce on Trendline? Long

BTCUSD/GOLDBitstamp

Description

When looking at BTC vs GOLD, you see the price is right on the trendline which dates back from 2013.

My bet is on Bitcoin bouncing from here.

What do you think?
Comments
alibadshah88
Beautiful thank you
MinimumWagerLvl1
what if it breaks down first, just like it breaked up in 2018?
brian7683
@abdullah77simsek,

Could happen.

Are you willing to short?
MinimumWagerLvl1
@brian7683, At this moment, I've already shorted. The reason is many altcoin lovers out there still talking about 100x gains which will not come till the next few years. So it is better to short the btc and wait for those moon boys to leave the chat :)
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