Andrewbtc

GOLD AND BITCOIN ARE HIGHLY CORRELATED OVER %85

OANDA:XAUUSD   Gold Spot / U.S. Dollar
The correlation of GOLD & BITCOIN are amazingly high. you can verify this using the "correlation coefficient" on the daily and 4hr. not that you need an indicator to see that they are following each other.. How long will this go on for? Also who is leading? Time will tell.. Keep an eye on this guys . If one moves a large amount before the other it might be a good confluence tool to add to your arsenal.

(Bitcoin)

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