MrJozza

Gold and Silver price leading BTC price

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
267 1 4
Also inversely to USD index.
These are the indicators for me! I don't try to count waves. Note that USD Index (DXY) was previously an indicator and lately it's been a reverse-indicator: For most of this
year, DXY would go up and BTC would follow within about 3 days time. Now it's the opposite. DXY goes up and BTC will go down (after about 3 days time). The correlation is really very strong when you factor in the 3 day lag. Changes in gold and silver seem to effect BTC price within the same day though. If gold goes up, BTC is more likely to go up within minutes or hours.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out