TradingView
PawelHodurek
Aug 11, 2020 1:18 PM

XAU/BTC - invertaed scale... Breakout of BTC ;-) 

GOLD / BITCOINICE

Description

Dear all,

Good news for Bitcoiners, it seems that the breakout of BTC in relation to Gold is fact. There is still a question if the 6 oz of Gold per BTC would also break as the psychological barrier.... (XAU/BTC c.a. 0,1667)

Best regards,
Paweł

P.S.
Todays Bitcoin price in relation to U.S. Dollar is not a result of Bitcoin's weakness, but U.S. Dollar's strentgh. That is why I look onto the chart of relation Bitcoin to Gold.
More