This is a brief educational post.
See the parting of ways between Gold and BItcoin.
We won't know if this means anything. But it's one to watch. This could be a short term separation.
Stay safe. Don't burn cash. Avoid FOMO. Have a good weekend. ๐๐๐
See the parting of ways between Gold and BItcoin.
We won't know if this means anything. But it's one to watch. This could be a short term separation.
Stay safe. Don't burn cash. Avoid FOMO. Have a good weekend. ๐๐๐
Note
Where we are now. The technical picture emerging is that Bitcoin is following closely the S&P500. There may be fundamentals that explain all this. Technical analysts are naturally focused on where the sentiment of the markets is heading. Note carefully that correlations or lack of, do not have to continue forever. Things can change very suddenly. FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.