As we can see in this chart on this time frame ,things are getting better for gold
both in US dollars and Bitcoin sats.
As this chart goes on into the future we may see huge pullbacks at "neckline" resistance levels
In the following years to come, this chart could become essential as important macro financial as well as political events ,are unraveling...
Gold Price to Bitcoin Price is gaining more and more strength.
Who cares, or compares these two to eachother?
If you are one those who cares, then you are a true investor.
Bitcoin has started its Asymptotic behaviour some four years ago and while bitcoin price compared to its own RSI in 6 months timeframe is implicating less strength and a prolonged overbought...
By analyzing the price of gold to Bitcoin, we come to 2 channels of the downward curve, in which the price moves and with Examining it, we realize the value of Bitcoin to gold, which I think will reach 0.271 by next week.
What an awesome chart (For Bitcoin maxi's that is) here this shows Gold in relation to Bitcoin....
Here we can see the halvening (blue vertical lines) and the decline in gold value respective to Bitcoin, we can see an 80%+ decline each cycle.
The next halvening date is April 2024, (Red vertical line)
After the move has moved to a new low, we can see that a...
Short answer: Bitcoin
By the year end Bitcoin shall enjoy stronger gains. That is despite the 2-week Gravestone DOJI candle now currently printing on Bitcoin, which makes you wonder… what heinous price action awaits gold bugs?
On the above 3-day chart a ratio of Gold/Bitcoin is shown. If this ratio is downtrending (it is), Bitcoin will be worth more than Gold...
This is an interesting chart to watch over the next 2-3 years
Peter Schiff vs Michael Saylor / Chart, We may say ...
Gold is facing resistance but is in a bullish zone
If we look at this chart, we can see they are very corelated in a fibonacci way
The whole number effect is evident here, see orange circles.
With a commodity in price discovery mode every four years, every four years traders sell bitcoin gains for whole portions of gold.
I would say if someone hodled 1 bitcoin through a three year crypto winter, then suddenly it was worth 1kg of pure gold, they might be tempted to do the same.
This informs...
They said it was only used for money laundering... How did they know that?
They now say it is like nothing else. What does this chart say to you? What will this chart say to you after the global financial systems
Germany is talking about using Bitcoin as legal tender NOW. Imagine if 1/3 of their population picked up 0.1 Bitcoin... That would be 2.7 million...
Short answer, Bitcoin.
About the same time last year the question was asked:
“Gold or Bitcoin - which is the better hedge for 2022?”
The idea is in the link below if interested. Suffice to say, there was Strong divergence, strong buy signals with study from multiply time frames. If you held Gold instead of Bitcoin you would now be in a position to have four...
Gold in pair with Bitcoin has broken the dynamic resistance of a falling wedge and made a decent pullback which is at 61.8 fib level of the last pulse.
Gold is going to outperform BTC for at least the next 12 months in my opinion
Gold is already outpreforming Bitcoin, no discution possible. Based on what I see, the target will be 9 Bitcoins for 1kg Gold by 2025. Hope more but this is a minimum!
The only question remains is, will Gold reach such a high price or will Bitcoin dump that low? It can only by one of the two options, face it.
I'm thinking more Gold 2025 90k and Shitcoin 10K,...
Just a simple strategy I discovered while playing around with Gold and BTC, which appear to have an inverse relationship.
This is on the monthly timeframe, the idea is to follow the value at the right time.
Even though XAUBTC is on a general downtrend, the strategy is simple:
Every time the Stochastic RSI on this chart starts pointing up, that is a signal to...
Bitcoin outperformed gold in the last 13 years since its inception but this trend will stabilize and both gold and bitcoin will reach an equilibrium until hyper-bitcoinization. A good way to store wealth made from bitcoin is to put it temporarily into gold during the bull runs and during small bear rallies (as the current one from $16K btc to 35K btc), then re-buy...
XAUBTC daily candle chart looks trading in a chhannel from long time
recently its break the channel in down side but holding the last low
so here is the risk is very low and reward is much higher
one trade can must be taken there for buying side with the stop loss below recent low below 0.070
stop loss below the recent low 0.070
target can be 0.1261
bitcoin and gold have always been in reverse roles - one up they other down . In the hedge trade BTCXAU you see very red candle denoting sell bitcoin buy gold on the weekly
BTCXAU Weekly chart
more of sell bitcoin in red candles than buy gold in green candles
mann456
On the other hand the buy gold short bitcoin is another good analogy
XAUBTC
On the 1st chart you...
